Breaking Finance News

RBC Capital Markets announced Firestone Diamonds PLC (LON:FDI), dropping its stock price target to 19.00GBX today

Just yesterday Firestone Diamonds PLC (LON:FDI) traded -2.69% lower at 22.63GBX. Firestone Diamonds PLC’s 50-day moving average is 28.35GBX and its 200-day moving average is 39.12GBX. The last closing price is down -42.17% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 35,207 shares of FDI traded hands, down from an average trading volume of 153,183

In a report released on 10/12/2017 RBC Capital Markets reduced the stock price target of Firestone Diamonds PLC (LON:FDI) from 46.00GBX to 19.00GBX reporting a possible downside of -0.16%.

Previously on 10/10/2017, Macquarie reported on Firestone Diamonds PLC (LON:FDI) held steady the target price at 55.00GBX. At the time, this indicated a possible upside of 0%.

Recent Performance Chart

Firestone Diamonds PLC (LON:FDI)

Firestone Diamonds PLC has P/E ratio of 11.31 with a 52 week low of 18.75GBX and a 52 week high of 58.50GBX and has a market cap of 0 GBX.

A total of 6 analysts have released a research note on FDI. 2 brokers rating the stock a strong buy, 2 firms rating the stock a buy, 2 firms rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero equity analysts rating the company a sell with a one year target of 0.52GBX.

Brief Synopsis About Firestone Diamonds PLC (LON:FDI)

Firestone Diamonds plc is a United Kingdom-based company, which is engaged in diamond mining, exploration and development in southern Africa. The Company focuses on two principal geographic areas: Lesotho and Botswana. The Company's segments include Lesotho, Botswana, and United Kingdom and other. The Company has two mines, Liqhobong in Lesotho where construction of the Liqhobong Mine Development Project is nearing completion and BK11 in Botswana, which remains on care and maintenance. The Liqhobong Diamond Mine is located at the head of the Liqhobong Valley in the Maluti Mountains of northern Lesotho and is operated by Liqhobong Mining Development Company. The Liqhobong has over 11 million carats in reserve. The Company holds interest in the Lahtojoki project in Finland. Its subsidiaries include Firestone Diamonds (Botswana) (Pty) Limited, Liqhobong Mining Development Company (Pty) Limited, Monak Ventures (Pty) Limited and Ilmari Exploration OY.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *