Firestone Diamonds PLC (FDI) Stock Rating Reaffirmed by Shore Capital

Shore Capital reaffirmed their not rated rating on shares of Firestone Diamonds PLC (LON:FDI) in a research note issued to investors on Wednesday morning.

Several other equities analysts have also recently weighed in on FDI. FinnCap reaffirmed a buy rating and set a GBX 63 ($0.79) target price on shares of Firestone Diamonds PLC in a research note on Monday, January 16th. Macquarie reaffirmed an outperform rating and set a GBX 70 ($0.88) target price on shares of Firestone Diamonds PLC in a research note on Monday, February 6th.

Shares of Firestone Diamonds PLC (LON:FDI) traded down 2.97% during trading on Wednesday, reaching GBX 49.00. 77,665 shares of the company’s stock were exchanged. The stock’s market cap is GBX 153.33 million. Firestone Diamonds PLC has a 12-month low of GBX 28.10 and a 12-month high of GBX 58.50. The company has a 50 day moving average of GBX 48.58 and a 200 day moving average of GBX 51.46.

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About Firestone Diamonds PLC

Firestone Diamonds plc is a United Kingdom-based company, which is engaged in diamond mining, exploration and development in southern Africa. The Company focuses on two principal geographic areas: Lesotho and Botswana. The Company’s segments include Lesotho, Botswana, and United Kingdom and other. The Company has two mines, Liqhobong in Lesotho where construction of the Liqhobong Mine Development Project is nearing completion and BK11 in Botswana, which remains on care and maintenance.

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