Analyst Downgrades – Kennady Diamonds (CVE:KDI) Stock Gets Downgraded By Canaccord Genuity from Speculative Buy to Hold

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Analyst Ratings For Kennady Diamonds (CVE:KDI)

Today, Kennady Diamonds (CVE:KDI) stock was downgraded by Canaccord Genuity from Speculative Buy to Hold with a price target of C$4.00.

There are 1 hold rating on the stock.

The current consensus rating on Kennady Diamonds (CVE:KDI) is Hold (Score: 2.00) with a consensus target price of C$4.00 per share, a potential .

Some recent analyst ratings include

  • 3/21/2017-Canaccord Genuity was Downgraded by analysts at Canaccord Genuity from a “Speculative Buy ” rating to a ” Hold” rating. They now have a C$4.00 price target on the stock.


    About Kennady Diamonds (CVE:KDI)
    Kennady Diamonds Inc. (Kennady Diamonds) is a Canada-based diamond exploration company. The Company is a resource company, which is involved in the exploration, discovery, evaluation and development of diamond properties in Canada’s Northwest Territories. Kennady Diamonds holds interest in over 20 federal leases and approximately 60 claims in the Kennady North diamond project. The Kennady North diamond project is in exploration-stage and is located approximately 300 kilometers north-east of Yellowknife in Canada’s Northwest Territories. The Kennady North diamond district has an area of approximately 61,000 hectares. The Company’s Kennady North area has diamond-bearing Kelvin, Faraday and Hobbes kimberlites. Kennady Diamonds has completed over 30 reverse-circulation (RC) holes along the Kelvin North Lobe resulting in the recovery of approximately 580 tons of kimberlite. In addition, it has completed over three ice-based infill RC holes at the Kelvin Southeast Lobe.

    Recent Trading Activity for Kennady Diamonds (CVE:KDI)
    Shares of Kennady Diamonds closed the previous trading session at 3.93 up +0.06 1.55% with 92,091 shares trading hands.