Currently viewing Global edition

Research suggests Firestone undervalued

Firestone Diamonds could begin production as early as October as the company nears completion of construction of its Liqhobong diamond mine in Lesotho.

Research suggests Firestone undervalued Research suggests Firestone undervalued Research suggests Firestone undervalued Research suggests Firestone undervalued Research suggests Firestone undervalued

Construction at Liqhobong is said to be 85% complete

Following a visit to the site, Patrick Morton, analyst at Macquarie placed a 12-month target of 0.45 (US$0.60) per share on the stock, about 45% above the current share price of 0.31/share.

topics

loader