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Petra Diamonds (LON: PDL) was updated by Royal Bank of Canada research analysts to a "outperformance" rating In a research note addressed to investors On Wednesday, July 4, the company currently has a target price of GBX 65 ($ 0.86), down from its previous price target of 80 GBX ($ 1.06). Canaccord Genuity also lowered its target price on Petra Diamonds shares from 90 GBX ($ 1.19) to 80 GBX ($ 1.06) and JPMorgan Chase & Co. lowered its target price on Petra Diamonds shares from GBX 95 ($ 1.26) to GBX 90 ($ 1.19) and established an "overweight" for the company in a research report on Friday, June 15. "Note for the company in a research note on Monday, April 9. Capital reiterated an" unrated "note on Petra Diamonds shares in a research note on Monday, April 23. Finally, Liberum Capital demoted the shares of Petra Diamonds at a "hold" rating in a research report on Friday, June 8. A research analyst evaluated the stock with a conservation rating and eight awarded a buy-to-action rating The shares of Petra Diamonds traded GBX 1.02 ($ 0.01) during trading hours on Wednesday, reaching GBX 46.48 ($ 0.62) .The stock had a trading volume of 2.304.325 shares, compared to its average volume of 2,620,000.) Petra Diamonds has a low of one year of GBX 58.50 ($ 0.77) and a high of 1 GBX 140.20 ($ 1.86)
Company Profile Petra Diamonds
Petra Diamonds Limited is dedicated to the mining, exploration, processing, sorting and selling of diaman ts in South Africa, Tanzania and Botswana. The main mining properties of the company are the Finsch and Cullinan properties located in South Africa.
History of Short Selling
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