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Firestone Diamonds PLC 35.5% Potential Upside Indicated by finnCap

Firestone Diamonds PLC with EPIC/TICKER LON:FDI had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at finnCap. Firestone Diamonds PLC are listed in the Basic Materials sector within AIM. finnCap have set their target price at 63 GBX on its stock. This is indicating the analyst believes there is a potential upside of 35.5% from the opening price of 46.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 3.5 points and decreased 3.73 points respectively.

 
Firestone Diamonds PLC LON:FDI has a 50 day moving average of 49.69 GBX and a 200 day moving average of 48.49 GBX. The 52 week high for the share price is currently at 58.5 GBX while the year low stock price is currently 26.5 GBX. There are currently 317,381,469 shares in issue with the average daily volume traded being 79,945. Market capitalisation for LON:FDI is £153,930,012 GBP.

 

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.

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