Petra Diamonds Limited using EPIC/TICKER code LON:PDL has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Petra Diamonds Limited are listed in the Basic Materials sector within International Main Market. Barclays Capital have set their target price at 200 GBX on its stock. This now indicates the analyst believes there is a possible upside of 25.8% from today’s opening price of 159 GBX. Over the last 30 and 90 trading days the company share price has decreased 4.8 points and increased 16.5 points respectively.
Petra Diamonds Limited LON:PDL has a 50 day moving average of 159.25 GBX and a 200 Day Moving Average share price is recorded at 131.25 GBX. The 1 year high for the share price is 173.6 GBX while the 52 week low for the share price is 65.25 GBX. There are currently 535,847,908 shares in issue with the average daily volume traded being 1,159,429. Market capitalisation for LON:PDL is £855,213,294 GBP.
Petra Diamonds Limited is an independent diamond mining company and supplier of rough diamonds to the international market. The Company’s segments include Mining and Exploration. The Mining segment includes the extraction and sale of rough diamonds from mining operations in South Africa and Tanzania. The Exploration segment includes the exploration activities in Botswana and South Africa.