Steady Stock: Dominion Diamond Corp (DDC)

RBC Capital Markets maintained the stock with "Hold" rating in Monday, July 10 report. Citigroup maintained Dominion Diamond Corp (NYSE:DDC) on Monday, October 19 with "Buy" rating. Finally, Scotiabank boosted their target price on Dominion Diamond Corporation from $14.00 to $14.50 and gave the stock an "outperform" rating in a research note on Thursday, June 1st. The stock of Dominion Diamond Corp (NYSE:DDC) earned "Outperform" rating by RBC Capital Markets on Monday, September 14. RBC Capital Markets upgraded the stock to "Hold" rating in Friday, April 28 report. The average 12 month price objective among brokerages that have issued a report on the stock in the past year is $14.78. Accern also assigned news articles about the basic materials company an impact score of 44.9714141540875 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

On 4/14/2016 Dominion Diamond Corporation announced a semiannual dividend of $0.20 3.73% with an ex dividend date of 5/13/2016 which will be payable on 6/2/2016. Frontier Capital Management Co.

"The Washington offer delivers compelling and immediate value to Dominion shareholders at an attractive premium that recognizes the intrinsic value of Dominion and provides shareholders certainty through an all-cash offer", said Jim Gowans, Chair of the Board of Dominion Diamond Corporation. Credit Suisse AG now owns 460,192 shares of the basic materials company's stock worth $5,812,000 after buying an additional 358,492 shares during the period. This repurchase authorization authorizes the basic materials company to reacquire shares of its stock through open market purchases. The correct version of this report can be accessed at https://www.themarketsdaily.com/2017/07/19/dominion-diamond-corp-ddc-downgraded-by-paradigm-capital-to-tender.html. About 4.92 million shares traded or 182.76% up from the average. Dominion Diamond Corporation (DDC) shares have been seen trading 3.08% off its 52 week- peak value and changed 77.65% from its 52 week-bottom price value. It has a market cap of $1.18 Billion.

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Dominion Diamond Corporation has a 50 day moving average of 12.84 and a 200 day moving average of 11.22.

Paradigm Capital lowered shares of Dominion Diamond Corp (TSE:DDC) (NYSE:DDC) from a buy rating to a tender rating in a report released on Tuesday morning.

In the latest earnings report the EPS was $-0.08 and is expected to be $0.86 for the current year with 80,574,000 shares now outstanding. Dominion Diamond Corporation had a positive return on equity of 1.46% and a negative net margin of 1.07%. The institutional investor held 1.53 million shares of the precious metals company at the end of 2016Q4, valued at $14.84M, up from 1.16M at the end of the previous reported quarter. During the same quarter a year ago, the company earned ($0.01) EPS. Dominion Diamond Corporation's quarterly revenue was up 18.3% on a year-over-year basis.

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Dominion Diamond Corporation had its "buy" rating reiterated by analysts at TD Securities.

Having a peek at growth estimates of the company, Dominion Diamond Corp (NYSE:DDC) has current quarter growth estimates of 261.5% however it has 666.7% estimations over growth for the next quarter.

"Dominion Diamond has an excellent collection of mining assets and a talented and experienced management team and workforce", stated Lawrence R. Simkins, President of Washington.

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