Stornoway Diamond Co. (TSE:SWY) is scheduled to post its quarterly earnings results after the market closes on Thursday, November 2nd.

Stornoway Diamond Co. (TSE:SWY) remained flat at $0.65 on Tuesday. The company had a trading volume of 304,080 shares. Stornoway Diamond Co. has a one year low of $0.62 and a one year high of $1.16. The company has a 50 day moving average price of $0.74 and a 200 day moving average price of $0.78. The firm has a market cap of $539.10 million and a PE ratio of 15.85.

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Several analysts have recently issued reports on SWY shares. Royal Bank Of Canada cut Stornoway Diamond from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from C$1.30 to C$0.90 in a report on Monday, July 10th. TD Securities decreased their price objective on Stornoway Diamond from C$0.90 to C$0.85 and set a “hold” rating on the stock in a report on Tuesday, August 15th. Finally, BMO Capital Markets decreased their price objective on Stornoway Diamond from C$1.25 to C$0.80 and set a “market perform” rating on the stock in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of C$1.02.

About Stornoway Diamond

Stornoway Diamond Corp is a Canada-based diamond exploration and development company. The Company is principally engaged in the acquisition, exploration and development of diamond properties. The Company’s principal focus is its Renard Diamond Project located in north-central Quebec, a project in construction.

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