Firestone Diamonds PLC (FDI) Earns “Outperform” Rating from Macquarie
Firestone Diamonds PLC (LON:FDI)‘s stock had its “outperform” rating restated by analysts at Macquarie in a research report issued on Monday. They currently have a GBX 45 ($0.56) price target on the stock. Macquarie’s price target would suggest a potential downside of 19.64% from the stock’s previous close.
Separately, FinnCap upped their price target on shares of Firestone Diamonds PLC from GBX 51 ($0.63) to GBX 52 ($0.64) and gave the stock a “buy” rating in a research report on Friday, September 9th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of GBX 41 ($0.51).
Shares of Firestone Diamonds PLC (LON:FDI) opened at 55.80 on Monday. Firestone Diamonds PLC has a 52-week low of GBX 14.98 and a 52-week high of GBX 57.00. The firm’s market cap is GBX 172.46 million. The stock’s 50 day moving average price is GBX 47.65 and its 200-day moving average price is GBX 36.48.
In other news, insider Lucio Genovese acquired 1,000,000 shares of the firm’s stock in a transaction on Thursday, September 22nd. The stock was bought at an average cost of GBX 44 ($0.54) per share, with a total value of £440,000 ($544,554.46).
Firestone Diamonds PLC Company Profile
Firestone Diamonds plc is a United Kingdom-based diamond development company. The Company is focused on its Liqhobong Diamond Mine (Liqhobong), which is located in the Kingdom of Lesotho (Lesotho). The Company’s Liqhobong Diamond Mine is located in the head of the Liqhobong Valley in the Maluti Mountains of northern Lesotho.
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