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Petra Diamonds Ltd (LON:PDL) target price held steady at 165.00GBX, reported today by Canaccord Genuity

In a report announced on 9/19/2016 Canaccord Genuity held steady the target price of Petra Diamonds Ltd (LON:PDL) at 165GBX indicating a possible upside of 0.45%.

On 9/15/2016, JP Morgan Cazenove released a statement for Petra Diamonds Ltd(LON:PDL) lowered the target price from 140.00GBX to 137.00GBX. At the time, this indicated a possible upside of 0.00%.

Only yesterday Petra Diamonds Ltd (LON:PDL) traded 1.17% higher at 114.13GBX. PDL’s 50-day average is 115.91GBX and its two hundred day average is 114.53GBX. With the last stock price down 0.26% relative to the 200-day moving average, compared with the S&P 500 which has fallen -0.01% over the date range. 295,440 shares of PDL traded, down from ann average volume of 1,031,140.

Performance Chart:

Petra Diamonds Ltd (LON:PDL)

With a total market value of 0.0 GBX, Petra Diamonds Ltd has a P/E of 43 with a 52 week low of 52.77GBX and a one-year high of 138.00GBX.

A total of 17 brokers have released a research note on PDL. Eight analysts rate the company a strong buy, six firms rate the stock a buy, three firms rate the stock a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the stock as sell with a consensus target price of 1.90GBX

General Information About Petra Diamonds Ltd (LON:PDL)

Petra Diamonds Limited is a diamond mining company and a supplier of rough diamonds to the international market. The Company’s segments include Mining and Exploration. Its Mining segment is engaged in the extraction and sale of rough diamonds from mining operations in South Africa and Tanzania. Its Exploration segment is engaged in exploration activities in Botswana. It has interests in five producing mines: Finsch, Cullinan, Koffiefontein and Kimberley Underground, all of which are located in South Africa, and Williamson, which is located in Tanzania. Finsch covers an area of approximately 18 hectares, Cullinan covers an area of approximately 32 hectares and Koffiefontein covers an area of approximately 11 hectares. The Kimberley Underground operation consists of three kimberlite pipe mines: Bultfontein, Dutoitspan and Wesselton, and with a total area of approximately 30 hectares. Williamson is an open pit operation based upon approximately 146 hectare Mwadui kimberlite pipe.

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