Dominion Diamond Corp. (NYSE:DDC) traded down 2.8% during mid-day trading on Thursday . The stock traded as low as $8.71 and last traded at $8.91, with a volume of 200,799 shares changing hands. The stock had previously closed at $9.17.

Several equities research analysts have issued reports on the stock. Royal Bank Of Canada lowered shares of Dominion Diamond Corp. from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from $13.00 to $11.00 in a report on Monday, June 13th. BMO Capital Markets reaffirmed a “buy” rating and issued a $22.00 target price on shares of Dominion Diamond Corp. in a report on Friday, June 10th. Finally, Zacks Investment Research raised shares of Dominion Diamond Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, June 14th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $15.61.

The company has a 50 day moving average price of $9.93 and a 200 day moving average price of $10.72. The company’s market cap is $739.00 million.

Dominion Diamond Corp. (NYSE:DDC) last announced its quarterly earnings results on Wednesday, June 8th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.06. The business earned $178.30 million during the quarter, compared to analyst estimates of $199.50 million. Dominion Diamond Corp.’s revenue was down 5.0% on a year-over-year basis. During the same period last year, the company earned $0.09 earnings per share. On average, equities research analysts forecast that Dominion Diamond Corp. will post $0.50 earnings per share for the current year.

A number of large investors have made changes to their positions in the stock. Neuberger Berman Group LLC increased its stake in shares of Dominion Diamond Corp. by 0.5% in the fourth quarter. Neuberger Berman Group LLC now owns 1,589,899 shares of the company’s stock valued at $16,265,000 after buying an additional 8,466 shares in the last quarter. Gamco Investors INC. ET AL increased its stake in shares of Dominion Diamond Corp. by 1.6% in the fourth quarter. Gamco Investors INC. ET AL now owns 319,000 shares of the company’s stock valued at $3,263,000 after buying an additional 5,000 shares in the last quarter. Gabelli Funds LLC increased its stake in shares of Dominion Diamond Corp. by 0.4% in the fourth quarter. Gabelli Funds LLC now owns 462,041 shares of the company’s stock valued at $4,727,000 after buying an additional 1,800 shares in the last quarter. Schroder Investment Management Group increased its stake in shares of Dominion Diamond Corp. by 24.6% in the fourth quarter. Schroder Investment Management Group now owns 1,009,340 shares of the company’s stock valued at $14,272,000 after buying an additional 199,200 shares in the last quarter. Finally, OppenheimerFunds Inc. increased its stake in shares of Dominion Diamond Corp. by 845.4% in the fourth quarter. OppenheimerFunds Inc. now owns 472,700 shares of the company’s stock valued at $4,831,000 after buying an additional 422,700 shares in the last quarter.

Dominion Diamond Corporation is a diamond mining company. The Company is focused on the mining and marketing of rough diamonds to the global market. The Company’s segments include the Ekati Diamond Mine, the Diavik Diamond Mine and the Corporate segment. It supplies rough diamonds to the global market from its operation of the Ekati Diamond Mine (in which it owns a controlling interest) and its approximately 40% ownership interest in the Diavik Diamond Mine.

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