Dominion Diamond Corp (DDC) Given Average Recommendation of “Buy” by Brokerages
Shares of Dominion Diamond Corp (TSE:DDC) have been given an average rating of “Buy” by the six research firms that are currently covering the stock. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$19.20.
DDC has been the topic of a number of research analyst reports. BMO Capital Markets cut their price target on shares of Dominion Diamond Corp from C$22.00 to C$18.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Dominion Diamond Corp in a research report on Monday, September 12th. Scotiabank set a C$14.00 price target on shares of Dominion Diamond Corp and gave the company an “outperform” rating in a research report on Monday, September 12th. Finally, TD Securities reaffirmed a “buy” rating and set a C$19.00 price target on shares of Dominion Diamond Corp in a research report on Friday, September 9th.
Dominion Diamond Corp (TSE:DDC) traded up 2.29% during trading on Tuesday, reaching $12.07. The company had a trading volume of 147,512 shares. Dominion Diamond Corp has a one year low of $9.96 and a one year high of $16.82. The company’s market capitalization is $1.02 billion. The company has a 50-day moving average price of $11.58 and a 200 day moving average price of $12.67.
Dominion Diamond Corp Company Profile
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.
Receive News & Ratings for Dominion Diamond Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Diamond Corp and related companies with MarketBeat.com's FREE daily email newsletter.