Can Petra Diamonds Limited’s Tomorrow Be Different? The Stock Increases Again

 Can Petra Diamonds Limited's Tomorrow Be Different? The Stock Increases Again

The stock of Petra Diamonds Limited (LON:PDL) is a huge mover today! The stock decreased 0.44% or GBX 0.69 on November 10, hitting GBX 156.31. About 1.29 million shares traded hands. Petra Diamonds Limited (LON:PDL) has risen 40.81% since April 12, 2016 and is uptrending. It has outperformed by 35.16% the S&P500.
The move comes after 6 months positive chart setup for the GBX 829.72M company. It was reported on Nov, 10 by Barchart.com. We have GBX 254.79 PT which if reached, will make LON:PDL worth GBX 522.72M more.

Petra Diamonds Limited (LON:PDL) Ratings Coverage

Out of 18 analysts covering Petra Diamonds Ltd (LON:PDL), 13 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 72% are positive. Petra Diamonds Ltd has been the topic of 128 analyst reports since July 27, 2015 according to StockzIntelligence Inc. SP Angel maintained Petra Diamonds Limited (LON:PDL) on Monday, February 22 with “Buy” rating. The stock of Petra Diamonds Limited (LON:PDL) has “Buy” rating given on Wednesday, January 20 by Investec. The stock of Petra Diamonds Limited (LON:PDL) has “Overweight” rating given on Monday, November 7 by JP Morgan. The company was maintained on Wednesday, October 28 by FinnCap. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, August 4. On Monday, December 14 the stock rating was maintained by Barclays Capital with “Overweight”. Macquarie Research maintained Petra Diamonds Limited (LON:PDL) rating on Thursday, September 24. Macquarie Research has “Neutral” rating and GBX 190 price target. The company was maintained on Monday, January 25 by SP Angel. The stock of Petra Diamonds Limited (LON:PDL) earned “Neutral” rating by Macquarie Research on Monday, November 30. Canaccord Genuity maintained the shares of PDL in a report on Wednesday, December 2 with “Buy” rating.

More news for Petra Diamonds Limited (LON:PDL) were recently published by: Moodys.com, which released: “Moody’s confirms Petra Diamonds’ B1 ratings; stable outlook” on May 04, 2016. Moodys.com‘s article titled: “Moody’s Assigns provisional (P)B2 Rating to Petra Diamonds Notes” and published on April 24, 2015 is yet another important article.

Petra Diamonds Limited is an independent diamond mining firm and supplier of rough diamonds to the international market. The company has a market cap of 829.72 million GBP. The Company’s divisions include Mining and Exploration. It has a 19.65 P/E ratio. The Mining segment includes the extraction and sale of rough diamonds from mining activities in South Africa and Tanzania.

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