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Firestone Diamonds PLC 6.2% Potential Upside Indicated by Macquarie

Firestone Diamonds PLC using EPIC/TICKER code LON:FDI 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 their target price at 60 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 6.2% from the opening price of 56.5 GBX. Over the last 30 and 90 trading days the company share price has increased 4.75 points and increased 11.52 points respectively.

 
Firestone Diamonds PLC LON:FDI has a 50 day moving average of 48.20 GBX and the 200 Day Moving Average price is recorded at GBX. The 1 year high stock price is 57.5 GBX while the 52 week low is 14.98 GBX. There are currently 315,745,091 shares in issue with the average daily volume traded being 289,013. Market capitalisation for LON:FDI is £181,490,277 GBP.

 

Firestone Diamonds PLC is a United Kingdom-based diamond development company. The Company is focused on its Liqhobong Diamond Mine (Liqhobong), which is located in the Kingdom of Lesotho (Lesotho). The Company’s Liqhobong Diamond Mine is located in the head of the Liqhobong Valley in the Maluti Mountains of northern Lesotho.

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