Shares of Dominion Diamond Corp. (NYSE:DDC) were up 3.2% during trading on Tuesday . The company traded as high as $9.24 and last traded at $9.13, with a volume of 163,426 shares trading hands. The stock had previously closed at $8.85.

A number of analysts recently commented on DDC shares. BMO Capital Markets reaffirmed a “buy” rating and issued a $22.00 target price on shares of Dominion Diamond Corp. in a research report on Monday, July 18th. Zacks Investment Research lowered Dominion Diamond Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, April 19th. Finally, Royal Bank Of Canada lowered Dominion Diamond Corp. from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from $13.00 to $11.00 in a research report on Monday, June 13th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $15.61.

The company’s market capitalization is $779.11 million. The stock’s 50-day moving average price is $9.40 and its 200-day moving average price is $10.61.

Dominion Diamond Corp. (NYSE:DDC) last announced its quarterly earnings results on Wednesday, June 8th. The company reported ($0.01) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by $0.06. The company had revenue of $178.30 million for the quarter, compared to the consensus estimate of $199.50 million. The firm’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.09 earnings per share. Analysts expect that Dominion Diamond Corp. will post $0.64 earnings per share for the current fiscal year.

Other large investors recently modified their holdings of the company. Morgan Stanley boosted its stake in shares of Dominion Diamond Corp. by 301.7% in the fourth quarter. Morgan Stanley now owns 2,238,701 shares of the company’s stock valued at $22,902,000 after buying an additional 1,681,369 shares in the last quarter. Schroder Investment Management Group boosted 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. OppenheimerFunds Inc. boosted 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. Gabelli Funds LLC boosted 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. Finally, Gamco Investors INC. ET AL boosted 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.

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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