Petra Diamonds Share News (PDL)

Tuesday broker round-up

(ShareCast News) - SSE: Macquarie reiterates outperform with a target price of 1735p. Easyjet: Numis reiterates hold, 1050p target. William Hill: UBS downgrades to sell with a 240p target. Standard Life: UBS downgrades to sell with a 310p target. Beazley: JP Morgan reiterates overweight with a 46

Petra Diamonds On Track For Full-Year Production As First Half Up 24%

Petra Diamonds production surges in first half

(ShareCast News) - Petra Diamonds posted its unaudited trading update for the six months to 31 December on Monday, ahead of the publication of its interim results for the period on 20 February. The FTSE 250 company said production was up 24% to 2,015,087 carats, which it put down to an increased con

Petra Diamonds reports $8.9m in payments to governments

(ShareCast News) - Petra Diamonds published its payments to governments report for the year to 30 June on Thursday, with a total of $8.9m paid to governments under the reporting regulations. The FTSE 250 firm paid $0.14m in corporate taxes in the Netherlands and $0.24m in Tanzania, while it spent $0

BROKER RATINGS SUMMARY: Deutsche Bank Cuts Centrica To Sell From Hold

Directors dealings: Petra Diamonds chairman sells down after strong run for shares

(ShareCast News) - Petra Diamond non-executive chairman Adonis Pouroulis sold 1,052,637 shares in the firm in two separate transactions, 752,637 shares at 170p each and another 300,000 at 171p, on 7th and 8th December, respectively. His decision followed a recent sharp run-up in the value of the com

BROKER RATINGS SUMMARY: Citi Raises BHP, Anglo, Rio Tinto And South32

BROKER RATINGS SUMMARY: JPMorgan Raises Price Targets For Miners

Tuesday broker round-up

(ShareCast News) - Segro: Barclays keeps at overweight with a target price of 520p. Howden Joinery: Berenberg downgrades to hold, 450p target. Standard Chartered: Deutsche Bank reiterates sell with a 574p target. Cobham: UBS reiterates neutral with a 160p target. Cobham: Barclays reiterates equal

FTSE 250 movers: Petra Diamonds sparkles, while profit-taking continues in Hunting

(ShareCast News) - Shares in Petra Diamonds shined bright at the start of the week as the outfit reported what one analyst described as first quarter results which were "very much in-line" with expectations. Significantly, the company said it was still on track to turn cash-flow positive in the firs

Broker tips: Acacia Mining, Petra Diamonds, Rathbone Brothers

(ShareCast News) - Acacia Mining's shares rose on Monday as Deutsche Bank reiterated a 'buy' rating and lifted its target price to 580p from 570p, citing progress on the company's turnaround. The miner last Friday reported it swung to a pre-tax profit for the third quarter and said full-year gold p

LONDON MARKET MIDDAY: Stocks Lose Gains As Iraq Complicates OPEC Deal

Canaccord Genuity reiterates 'buy' on Petra Diamonds

(ShareCast News) - Canaccord Genuity reiterated a 'buy' rating and target price of 165p on Petra Diamonds after the miner reported its first quarter trading update. Petra reported a 30% increase in production to 1,097,523 carats for the three months to 30 September, boosted by an increased contribut

Petra Diamonds production up, four fatalities reported

(ShareCast News) - Petra Diamonds posted its unaudited trading update for the first quarter to 30 September on Monday, with production up 30% year-on-year to 1,097,523 carats. The FTSE 250 firm put that down to an to increased contribution from undiluted ROM ore, improving ROM grades and additional

BUZZ-Petra Diamonds: hits 14-mth high on Q1 production

** Petra Diamonds up about 8 pct at its highest level since Aug 2015 after reporting 30 pct rise in Q1 production; shares top FTSE midcap gainers ** Says production climbs to 1.1 mln carats from 842,796 carats a year earlier ** Quarterly production at Cullinan rises 44 pct to 208,974