Stornoway Diamond Co. (TSE:SWY) had its price objective decreased by stock analysts at TD Securities from C$0.85 to C$0.80 in a research note issued to investors on Monday, November 6th. The firm presently has a “hold” rating on the stock. TD Securities’ price target suggests a potential upside of 11.11% from the company’s current price.
Other equities research analysts also recently issued research reports about the stock. Royal Bank Of Canada downgraded shares of Stornoway Diamond from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from C$1.30 to C$0.90 in a research report on Monday, July 10th. BMO Capital Markets cut their price target on shares of Stornoway Diamond from C$1.25 to C$0.80 and set a “market perform” rating on the stock in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Stornoway Diamond has a consensus rating of “Hold” and a consensus target price of C$1.01.
Stornoway Diamond (SWY) traded up C$0.02 during mid-day trading on Monday, reaching C$0.72. 100,000 shares of the company’s stock were exchanged, compared to its average volume of 467,209. Stornoway Diamond has a 12 month low of C$0.60 and a 12 month high of C$1.07.
Stornoway Diamond Company Profile
Stornoway Diamond Corp is a Canada-based diamond exploration and development company. The Company is principally engaged in the acquisition, exploration and development of diamond properties. The Company’s principal focus is its Renard Diamond Project located in north-central Quebec, a project in construction.
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