Petra Diamonds Limited using EPIC/TICKER code LON:PDL had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. Petra Diamonds Limited are listed in the Basic Materials sector within International Main Market. Barclays Capital have set a target price of 200 GBX on its stock. This is indicating the analyst believes there is a potential upside of 27.4% from the opening price of 157 GBX. Over the last 30 and 90 trading days the company share price has increased 2 points and increased 2.1 points respectively.
Petra Diamonds Limited LON:PDL has a 50 day moving average of 160.64 GBX and the 200 Day Moving Average price is recorded at 134.05 GBX. The 52 week high share price is 173.6 GBX while the 52 week low is 65.25 GBX. There are currently 523,465,138 shares in issue with the average daily volume traded being 1,072,006. Market capitalisation for LON:PDL is £829,168,747 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.