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Petra Diamonds Limited 40% Potential Upside Indicated by finnCap

Petra Diamonds Limited using EPIC/TICKER code LON:PDL has 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 a target price of 203 GBX on its stock. This would imply the analyst believes there is now a potential upside of 40% from today’s opening price of 145 GBX. Over the last 30 and 90 trading days the company share price has decreased 7.6 points and decreased 4.2 points respectively.

 
Petra Diamonds Limited LON:PDL has a 50 day moving average of 156.89 GBX and the 200 Day Moving Average price is recorded at 136.82 GBX. The 52 week high for the share price is currently at 173.6 GBX while the year low share price is currently 83.25 GBX. There are currently 533,313,814 shares in issue with the average daily volume traded being 1,408,466. Market capitalisation for LON:PDL is £767,971,892 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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