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Petra Diamonds Limited 48.1% Potential Upside Indicated by finnCap

Petra Diamonds Limited using EPIC/TICKER code 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 a target price of 213 GBX on its stock. This would imply the analyst believes there is now a potential upside of 48.1% from today’s opening price of 143.8 GBX. Over the last 30 and 90 trading days the company share price has increased 21.55 points and increased 27.05 points respectively.

 
Petra Diamonds Limited LON:PDL has a 50 day moving average of 126.13 GBX and the 200 Day Moving Average price is recorded at 114.35 GBX. The 52 week high for the share price is currently at 151.8 GBX while the year low stock price is currently 52.76 GBX. There are currently 531,330,740 shares in issue with the average daily volume traded being 1,744,374. Market capitalisation for LON:PDL is £794,870,819 GBP.

 

Petra Diamonds Limited is a diamond mining company and a supplier of rough diamonds to the international market. The Company’s segments include Mining and Exploration. It has interests in five producing mines: Finsch, Cullinan, Koffiefontein and Kimberley Underground, all of which are located in South Africa, and Williamson, which is located in Tanzania.

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