Royal Bank Of Canada reissued their outperform rating on shares of Stornoway Diamond Co. (TSE:SWY) in a research note issued to investors on Thursday.

Several other equities research analysts have also commented on the stock. Scotiabank reaffirmed an outperform rating and issued a C$1.35 price target on shares of Stornoway Diamond in a report on Wednesday, November 16th. TD Securities reaffirmed a hold rating and issued a C$1.30 price target on shares of Stornoway Diamond in a report on Wednesday, August 10th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Stornoway Diamond currently has an average rating of Buy and a consensus price target of C$1.42.

Stornoway Diamond (TSE:SWY) opened at 1.01 on Thursday. The company’s 50-day moving average price is $1.12 and its 200 day moving average price is $1.07. The stock’s market capitalization is $834.80 million. Stornoway Diamond has a 52-week low of $0.66 and a 52-week high of $1.33.

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Stornoway Diamond Company Profile

Stornoway Diamond Corporation is a Canada-based diamond exploration and development company. The Company is principally engaged in the acquisition, exploration and development of diamond properties. The Company’s principal focus is its Renard Diamond Project located in north-central Quebec, a project in construction.

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