Stornoway Diamond Gets a Hold Rating from BMO Capital

In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Stornoway Diamond (TSX: SWY). Analyst Edward Sterck from BMO Capital reiterated a Hold rating, with a C$0.60 price target today.

According to TipRanks.com, Sterck is ranked #2155 out of 4749 analysts.

Stornoway Diamond has an analyst consensus of Hold, with a price target consensus of C$0.70.

The company has a one-year high of C$0.99 and a one-year low of C$0.60. Currently, Stornoway Diamond has an average volume of 386.7K.

Stornoway Diamond Corp. is a diamond exploration and development company, which engages in the acquisition, exploration and development of diamond projects. It holds interest in Renard Diamond, Qilalugaq, Timiskaming, Aviat, Hammer,Grassroots and Pikoo projects. The company was founded by Donald Bruce McLeod, Eira A. Thomas, and Catherine E.

The company’s shares closed on Friday at C$0.61, close to its 52-week low of C$0.60.

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