Firestone Diamonds (LON:FDI) Hits New 1-Year Low at $1.30

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Shares of Firestone Diamonds PLC (LON:FDI) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.35 ($0.02), with a volume of 1639 shares traded. The stock had previously closed at GBX 1.35 ($0.02).

Separately, Berenberg Bank reaffirmed a “sell” rating and set a GBX 2 ($0.03) price objective on shares of Firestone Diamonds in a research report on Thursday, April 25th.

The company has a quick ratio of 1.53, a current ratio of 2.05 and a debt-to-equity ratio of 469.68. The business has a 50-day simple moving average of GBX 1.65. The company has a market capitalization of $7.63 million and a PE ratio of -0.61.

About Firestone Diamonds (LON:FDI)

Firestone Diamonds plc mines, explores for, and develops diamond properties in Lesotho and Botswana. Its flagship asset is the Liqhobong diamond mine located in Lesotho Highlands. The company was incorporated in 1998 and is based in London, the United Kingdom.

See Also: Cost of equity and a company’s balance sheet

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