Petra Diamonds (OTC:PDLMF) Price Target Raised to GBX 129

Petra Diamonds (OTC:PDLMF – Get Rating) had its target price boosted by investment analysts at Berenberg Bank from GBX 126 ($1.64) to GBX 129 ($1.68) in a report released on Friday, The Fly reports.

Shares of Petra Diamonds stock remained flat at $$1.80 on Friday. Petra Diamonds has a 52 week low of $0.50 and a 52 week high of $1.80. The firm’s 50-day moving average price is $1.49.

Petra Diamonds Company Profile (Get Rating)

Petra Diamonds Limited engages in the mining, processing, sorting, and sale of rough diamonds in South Africa. It holds interest in three underground producing mines, including Cullinan, Finsch, and Koffiefontein mines located in South Africa. The company also provides treasury, beneficiation, and other services.

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