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Petra Diamonds Ltd (LON:PDL) target price reduced to 137.00GBX, reported today by JP Morgan Cazenove

Reporting a possible upside of 0.00%, JP Morgan Cazenove dropped the estimated target of Petra Diamonds Ltd (LON:PDL) to 137GBX

Displaying a price of 0.00GBX, Petra Diamonds Ltd (LON:PDL) traded 2.00% lower on the day. The last stock price close is down 3.74% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. PDL has registered a 50-day moving average of 116.13GBX and 200-day moving average of 114.54GBX. Volume of trade was was up over the average, with 1,042,826 shares of PDL changing hands over the typical 1,032,060 shares.

Recent Performance Chart:

Petra Diamonds Ltd (LON:PDL)

Petra Diamonds Ltd has a one-year low of 52.76GBX and a one-year high of 138.00GBX with a PE ratio of 41 and has a market cap of 0.0 GBX.

A total of 17 analysts have issued a research note on the company. 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 stock to underperform, and finally 0 brokeragesrate the company as sell with an average target of 1.90GBX

Brief Synopsis On 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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