Paradigm Capital cut shares of Dominion Diamond Corp (TSE:DDC) (NYSE:DDC) from a buy rating to a tender rating in a research note published on Tuesday morning.
A number of other research firms also recently commented on DDC. BMO Capital Markets downgraded Dominion Diamond Corp from an outperform rating to a market perform rating and set a C$18.00 target price for the company. in a report on Tuesday. Scotiabank lifted their target price on Dominion Diamond Corp to C$19.50 and gave the stock an outperform rating in a report on Thursday, June 1st. Finally, Royal Bank Of Canada reaffirmed a sector perform rating on shares of Dominion Diamond Corp in a report on Tuesday, June 13th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of C$17.88.
Dominion Diamond Corp (TSE DDC) opened at 17.81 on Tuesday. The company’s market cap is $1.44 billion. The stock has a 50 day moving average of $16.87 and a 200 day moving average of $15.34. Dominion Diamond Corp has a 52 week low of $10.47 and a 52 week high of $18.27.
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Dominion Diamond Corp Company Profile
Dominion Diamond Corp 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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