Separately, Northland Securities reiterated a speculative buy rating on shares of Botswana Diamonds in a research note on Wednesday.
Botswana Diamonds (BOD) opened at GBX 1.28 ($0.02) on Wednesday. Botswana Diamonds has a 12 month low of GBX 1 ($0.01) and a 12 month high of GBX 2.65 ($0.04).
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Botswana Diamonds plc is a United Kingdom-based company focused on diamond exploration and project development. The Company holds exploration licenses in Botswana. The Company’s segments include Botswana, South Africa and Cameroon. It operates in two of the kimberlite clusters, Orapa where the mines are and in Gope in the Kalahari Desert, which is a diamond province with one mine, Ghagoo, and a discovery, K-X 36.
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