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Petra Diamonds Limited 36.9% 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’ today 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 imply the analyst believes there is now a potential upside of 36.9% from the opening price of 155.6 GBX. Over the last 30 and 90 trading days the company share price has increased 5.6 points and increased 23.1 points respectively.

 
Petra Diamonds Limited LON:PDL has a 50 day moving average of 159.95 GBX and a 200 Day Moving Average share price is recorded at 132.63 GBX. The 1 year high share price is 173.6 GBX while the year low share price is currently 65.25 GBX. There are currently 531,475,873 shares in issue with the average daily volume traded being 1,122,067. Market capitalisation for LON:PDL is £840,794,815 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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