How Analysts Feel About Dominion Diamond Corp After Today’s Huge Increase?

 How Analysts Feel About Dominion Diamond Corp After Today's Huge Increase?

The stock of Dominion Diamond Corp (TSE:DDC) is a huge mover today! About 35,666 shares traded hands. Dominion Diamond Corp (TSE:DDC) has declined 28.49% since March 10, 2016 and is downtrending. It has underperformed by 34.10% the S&P500.
The move comes after 5 months positive chart setup for the $993.14M company. It was reported on Oct, 17 by Barchart.com. We have $19.77 PT which if reached, will make TSE:DDC worth $665.40M more.

Dominion Diamond Corp (TSE:DDC) Ratings Coverage

Out of 4 analysts covering Dominion Diamond Corp (TSE:DDC), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. $25 is the highest target while $15.80 is the lowest. The $20.25 average target is 71.03% above today’s ($11.84) stock price. Dominion Diamond Corp has been the topic of 12 analyst reports since December 10, 2015 according to StockzIntelligence Inc. On Friday, September 9 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of Dominion Diamond Corp (TSE:DDC) has “Outperform” rating given on Tuesday, February 23 by RBC Capital Markets. The firm has “Outperform” rating given on Tuesday, January 19 by RBC Capital Markets. RBC Capital Markets maintained Dominion Diamond Corp (TSE:DDC) on Wednesday, June 1 with “Outperform” rating. As per Wednesday, December 23, the company rating was maintained by RBC Capital Markets. The firm has “Outperform” rating by RBC Capital Markets given on Friday, June 3. The stock of Dominion Diamond Corp (TSE:DDC) has “Sector Perform” rating given on Friday, September 16 by RBC Capital Markets. TD Securities maintained Dominion Diamond Corp (TSE:DDC) on Friday, September 9 with “Buy” rating.

More notable recent Dominion Diamond Corp (TSE:DDC) news were published by: Bloomberg.com which released: “Dominion Diamond to Explore Sale as Shareholders Revolt” on December 22, 2015, also Businesswire.com with their article: “Dominion Diamond Corporation Reports Fiscal 2017 Second Quarter Results” published on September 08, 2016, Businesswire.com published: “Dominion Diamond Corporation Announces Appointment of Two New Directors” on August 16, 2016. More interesting news about Dominion Diamond Corp (TSE:DDC) were released by: Businesswire.com and their article: “Dominion Diamond Corporation Reports Fiscal 2017 First Quarter Results” published on June 08, 2016 as well as Businesswire.com‘s news article titled: “Dominion Diamond Corporation Files Updated Technical Report for the Ekati …” with publication date: September 15, 2016.

Dominion Diamond Corporation is a diamond mining company. The company has a market cap of $993.14 million. The Firm is focused on the mining and marketing of rough diamonds to the global market. It currently has negative earnings. The Company’s divisions include the Ekati Diamond Mine, the Diavik Diamond Mine and the Corporate segment.

DDC Company Profile

Dominion Diamond Corporation, incorporated on March 26, 2013, is a diamond mining firm with ownership interests in approximately two producing diamond mines. The Firm is focused on the mining and marketing of rough diamonds to the global market. The Company’s divisions include the Ekati Diamond Mine, the Diavik Diamond Mine and the Corporate segment. The Firm 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. Both mineral properties are located at Lac de Gras in Canada’s Northwest Territories.

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