TD Securities Keeps a Hold Rating on Stornoway Diamond (SWY)


Stornoway Diamond (TSX: SWY), the Materials sector company, has received a rating update from a Wall Street analyst today. Analyst Steven Green from TD Securities rated Stornoway Diamond (TSX: SWY) a Hold, setting a C$0.45 price target.

According to TipRanks.com, Green is ranked #4801 out of 4886 analysts.

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Stornoway Diamond has an analyst consensus of Hold, with a price target consensus of C$0.43.

Stornoway Diamond’s market cap is currently C$275.8M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.51.

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’s shares closed on Friday at C$0.33, equals to its 52-week low of C$0.33.

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