RE:RE:RE:RE:Stornoway price target 2$!!!Here it is, sorry for formatting as well:
RBC Capital Markets reported on (TSE:SWY) Stornoway Diamond Corporation, increasing its stock price target to $2 today
Showing a price of $1.10, Stornoway Diamond Corporation (TSE:SWY) traded 2.78% higher on the day. The last stock close is up 10.48% from the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has remained the same over the same time. The company has recorded a 50-day average of $1.08 and 200-day average of $1.00. Trade volume was was down over the average, with 129,622 shares of SWY changing hands under the typical 910,830 shares.
In a report announced on 8/26/2016 RBC Capital Markets raised the target price of Stornoway Diamond Corporation (TSE:SWY) from $0 to $2 stating a possible upsideof 0.36%.
Previously on 8/18/2016, Scotia Capital released a statement about Stornoway Diamond Corporation(TSE:SWY) raised the target price from $0.00 to $1.35 that indicated a possible upside of 0.21%.
Performance Graph:
A total of 7 equity analysts have released a ratings update on the company. One firm rate the company a strong buy, five analysts rate the stock a buy, one analyst rate the stock a hold, zero rate the company to underperform, and finally zero firmsrate the company as sell with an average target price of $1.09
With a market capitalization of $915.6M, Stornoway Diamond Corporation has a PE of 0 with a one-year low of $0.65 and a 52 week high of $1.20.
General Information About Stornoway Diamond Corporation (TSE:SWY)
Stornoway Diamond Corporation 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. The Company’s Adamantin Project is located approximately 100 kilometers (km) south of the Renard Diamond Project and over 20 km west of the Route 167 Extension road. The Adamantin Project comprises approximately 15, 140 hectares of exploration claims. It holds an interest in each of the Pikoo, Qilalugaq and Timiskaming properties. The Pikoo Diamond Project consists of over 33, 370 hectares of mineral claims. The Qilalugaq Diamond Project consists of over 7, 140 hectares and is located approximately 10 km north of the community of Repulse Bay, and Nunavut. The Timiskaming Diamond Project consists of staked claims or optioned mining patents.