Firestone Diamonds (LON:FDI)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 6.52 ($0.09) and last traded at GBX 6.90 ($0.10), with a volume of 614735 shares traded. The stock had previously closed at GBX 6.90 ($0.10).
Separately, Canaccord Genuity reaffirmed a “speculative buy” rating and set a GBX 20 ($0.28) price objective on shares of Firestone Diamonds in a report on Thursday, March 8th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of GBX 38.33 ($0.54).
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Firestone Diamonds Company Profile
Firestone Diamonds plc mines, explores for, and develops diamond properties in Lesotho and Botswana. Its flagship asset is the Liqhobong diamond mine located in Lesotho Highlands. Firestone Diamonds plc was incorporated in 1998 and is based in London, the United Kingdom.
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