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


Yesterday, an analyst has provided a rating update for the Materials sector company, Stornoway Diamond (TSX: SWY). Analyst Steven Green from TD Securities rated Stornoway Diamond (TSX: SWY) a Hold, setting a C$0.55 price target.

According to TipRanks.com, Green is ranked #4713 out of 4850 analysts.

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The word on The Street in general, suggests a Hold analyst consensus rating for Stornoway Diamond with a C$0.55 average price target.

The company has a one-year high of C$0.80 and a one-year low of C$0.36. Currently, Stornoway Diamond has an average volume of 213.5K.

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 Thursday at C$0.39, close to its 52-week low of C$0.36.

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