Home » Reports » Broker Ratings » Firestone Diamonds PLC 39.6% Potential Upside Indicated by Macquarie
broker ratings

Firestone Diamonds PLC 39.6% Potential Upside Indicated by Macquarie

Firestone Diamonds PLC with EPIC/TICKER LON:FDI has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Macquarie. Firestone Diamonds PLC are listed in the Basic Materials sector within AIM. Macquarie have set a target price of 70 GBX on its stock. This indicates the analyst now believes there is a potential upside of 39.6% from today’s opening price of 50.13 GBX. Over the last 30 and 90 trading days the company share price has increased 1.12 points and decreased 5.37 points respectively.

 
Firestone Diamonds PLC LON:FDI has a 50 day moving average of 51.65 GBX and a 200 day moving average of 45.28 GBX. The 1 year high for the stock price is 58.5 GBX while the year low stock price is currently 17 GBX. There are currently 292,355,370 shares in issue with the average daily volume traded being 248,415. Market capitalisation for LON:FDI is £150,416,840 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.

You might also find these articles of interest:

Register here to be notified of future articles like this
Get all our broker ratings on Twitter as they are published!