Dominion Diamond Corp (DDC) Stock Rating Reaffirmed by Royal Bank Of Canada
Dominion Diamond Corp (TSE:DDC)‘s stock had its “sector perform” rating reissued by analysts at Royal Bank Of Canada in a research report issued to clients and investors on Thursday.
A number of other equities research analysts have also issued reports on DDC. BMO Capital Markets dropped their target price on Dominion Diamond Corp from C$22.00 to C$18.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 23rd. Scotiabank set a C$14.00 target price on Dominion Diamond Corp and gave the company an “outperform” rating in a research report on Monday, September 12th. Finally, TD Securities reissued a “buy” rating and issued a C$19.00 target price on shares of Dominion Diamond Corp in a research report on Friday, September 9th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Dominion Diamond Corp currently has an average rating of “Buy” and a consensus target price of C$18.33.
Dominion Diamond Corp (TSE:DDC) opened at 12.75 on Thursday. Dominion Diamond Corp has a 12 month low of $9.96 and a 12 month high of $16.82. The company’s market capitalization is $1.08 billion. The company has a 50-day moving average price of $11.66 and a 200 day moving average price of $12.96.
Dominion Diamond Corp Company Profile
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.
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