Firestone Diamonds’ (FDI) “Speculative Buy” Rating Reaffirmed at Canaccord Genuity

Canaccord Genuity reiterated their speculative buy rating on shares of Firestone Diamonds (LON:FDI) in a research note released on Wednesday. The brokerage currently has a GBX 20 ($0.26) target price on the stock.

Separately, Berenberg Bank started coverage on Firestone Diamonds in a research note on Thursday, September 20th. They issued a sell rating for the company.

FDI remained flat at $GBX 4.30 ($0.06) on Wednesday. The company had a trading volume of 23,451 shares, compared to its average volume of 241,583. Firestone Diamonds has a 52-week low of GBX 6.65 ($0.09) and a 52-week high of GBX 54.50 ($0.71).

About Firestone Diamonds

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.

Recommended Story: What is Cost of Capital?

Receive News & Ratings for Firestone Diamonds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Firestone Diamonds and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply