Diamondcorp Plc (LON:DCP) has been given an average recommendation of “Buy” by the six research firms that are presently covering the firm. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 15.58 ($0.19).

Separately, Panmure Gordon reiterated an “under review” rating on shares of Diamondcorp Plc in a report on Tuesday, September 13th.

About Diamondcorp Plc

DiamondCorp plc is a United Kingdom-based focused on the re-development of the Lace Mine located 200km southwest of Johannesburg in the Free State Province of South Africa. The Company is developing the Lace underground mine to access the kimberlite pipe known to extend to depths below 850m. The project comprises the Lace kimberlite which has the potential to support a 25-year underground mining operation and tailings from previous mining operations.

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