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Petra Diamonds Limited 90.2% 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 a target price of 213 GBX on its stock. This now indicates the analyst believes there is a possible upside of 90.2% from today’s opening price of 112 GBX. Over the last 30 and 90 trading days the company share price has decreased 3 points and increased 6 points respectively.

 
Petra Diamonds Limited LON:PDL has a 50 day moving average of 118.72 GBX and a 200 day moving average of 108.28 GBX. The 52 week high for the stock is 138 GBX while the 52 week low for the stock is 52.76 GBX. There are currently 533,935,419 shares in issue with the average daily volume traded being 887,390. Market capitalisation for LON:PDL is £611,356,055 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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