Dominion Diamond Corp (NYSE:DDC) has been downgraded to Sell in a statement by TheStreet earlier today.
- Updated: September 15, 2016
Only yesterday Dominion Diamond Corp (NYSE:DDC) traded 0.00% even at $8.10. The company’s 50-day moving average is $8.99 and its two hundred day average is $10.20. With the last stock price close down 20.61% relative to the two hundred day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. Trading volume was was up over the average, with 596,530 shares of DDC changing hands over the typical 299,698 shares..
TheStreet has downgraded Dominion Diamond Corp(NYSE:DDC) to Sell in a report released 9/14/2016.
Recent Performance Graph:
Also covering Dominion Diamond Corp’s stock price target, a total of 8 analysts have reported on the company. The 12-month target price is $15.93 with two analysts rating the company a strong buy, four firms rating the company a buy, one firm rating the stock a hold, 0 rating the stock to underperform, and lastly 0 firms rating the company as sell.
With a total market value of $0.0, Dominion Diamond Corp has a one-year low of $7.27 and a one-year high of $12.65 with a price-earnings ratio of 0.
General Information About Dominion Diamond Corp (NYSE:DDC)
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. It controls the Ekati Diamond Mine, as well as the associated diamond sorting and sales facilities in Toronto and Yellowknife, Canada, Mumbai, India, and Antwerp, Belgium. The Ekati Diamond Mine consists of the Core Zone, which includes the operating mine and other permitted kimberlite pipes, as well as the Buffer Zone, an adjacent area hosting kimberlite pipes having both development and exploration potential, and such as the Jay kimberlite pipe and the Lynx kimberlite pipe.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.