Shares of Diamondcorp Plc (LON:DCP) have been assigned an average rating of “Buy” from the six research firms that are covering the firm. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 15.58 ($0.20).
Separately, Panmure Gordon reissued a “buy” rating and issued a GBX 11.50 ($0.15) price objective on shares of Diamondcorp Plc in a report on Tuesday, August 9th.
Diamondcorp Plc (LON:DCP) opened at 4.68 on Friday. Diamondcorp Plc has a 1-year low of GBX 4.50 and a 1-year high of GBX 9.49. The company has a 50-day moving average price of GBX 6.29 and a 200 day moving average price of GBX 6.82. The stock’s market capitalization is GBX 20.85 million.
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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