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Petra Diamonds Limited 34% Potential Upside Indicated by finnCap

Petra Diamonds Limited with EPIC/TICKER LON:PDL had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ this morning by analysts at finnCap. Petra Diamonds Limited are listed in the Basic Materials sector within International Main Market. finnCap have set their target price at 213 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 34% from the opening price of 159 GBX. Over the last 30 and 90 trading days the company share price has increased 4 points and increased 9.6 points respectively.

 
Petra Diamonds Limited LON:PDL has a 50 day moving average of 160.32 GBX and a 200 day moving average of 133.67 GBX. The 1 year high stock price is 173.6 GBX while the 52 week low for the share price is 65.25 GBX. There are currently 528,696,863 shares in issue with the average daily volume traded being 1,033,786. Market capitalisation for LON:PDL is £833,120,526 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.

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