Firestone Diamonds (FDI) Receives “Speculative Buy” Rating from Canaccord Genuity

Canaccord Genuity reiterated their speculative buy rating on shares of Firestone Diamonds (LON:FDI) in a research report sent to investors on Thursday. Canaccord Genuity currently has a GBX 20 ($0.28) price target on the stock.

Shares of Firestone Diamonds (LON:FDI) opened at GBX 7.30 ($0.10) on Thursday. The stock has a market capitalization of $6.55 and a P/E ratio of -27.02. Firestone Diamonds has a 12 month low of GBX 6.65 ($0.09) and a 12 month high of GBX 54.50 ($0.75).

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About Firestone Diamonds

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.

Analyst Recommendations for Firestone Diamonds (LON:FDI)

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