Dominion Diamond Corp (TSE:DDC) (NYSE:DDC) has received an average rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is C$18.38.
Several research firms have recently issued reports on DDC. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a C$16.00 price target on shares of Dominion Diamond Corp in a research note on Wednesday, May 31st. Gabelli reissued a “hold” rating on shares of Dominion Diamond Corp in a research note on Tuesday, July 18th. BMO Capital Markets downgraded shares of 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 research note on Tuesday, July 18th. Paradigm Capital cut shares of Dominion Diamond Corp from a “buy” rating to a “tender” rating in a report on Tuesday, July 18th. Finally, Scotiabank raised their price target on shares of Dominion Diamond Corp to C$19.50 and gave the stock an “outperform” rating in a report on Thursday, June 1st.
Shares of Dominion Diamond Corp (DDC) opened at 17.90 on Thursday. The stock’s market cap is $1.44 billion. The stock has a 50 day moving average price of $17.06 and a 200 day moving average price of $15.82. Dominion Diamond Corp has a 12 month low of $10.47 and a 12 month high of $18.27.
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About Dominion Diamond Corp
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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