Company Shares of Dominion Diamond Corporation (NYSE:DDC) Drops by -5.18%

Dominion Diamond Corporation (NYSE:DDC) : During the past 4 weeks, traders have been relatively bearish on Dominion Diamond Corporation (NYSE:DDC), hence the stock is down -18.11% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.38% relative to the S&P 500. The 4-week change in the price of the stock is -16.79% and the stock has fallen -5.18% in the past 1 week.

The company shares have dropped -29.92% from its 1 Year high price. On Aug 12, 2015, the shares registered one year high at $13.32 and the one year low was seen on Dec 15, 2015. The 50-Day Moving Average price is $9.85 and the 200 Day Moving Average price is recorded at $10.71.

The stock has recorded a 20-day Moving Average of 5.45% and the 50-Day Moving Average is 12.13%.


Dominion Diamond Corporation (NYSE:DDC): stock turned positive on Friday. Though the stock opened at $8.84, the bulls momentum made the stock top out at $9.14 level for the day. The stock recorded a low of $8.77 and closed the trading day at $8.97, in the green by 3.58%. The total traded volume for the day was 603,411. The stock had closed at $8.66 in the previous days trading.

Dominion Diamond Corporation is focused on the mining and marketing of rough diamonds to the global market. The Company has ownership interests in the Diavik and the Ekati group of mineral claims. The Diavik Joint Venture is an unincorporated joint arrangement between Diavik Diamond Mines (2012) Inc. (DDMI) and Dominion Diamond Diavik Limited Partnership (DDDLP) where DDDLP holds an undivided 40% ownership interest in the assets, liabilities and expenses of the Diavik Diamond Mine. DDMI is the operator of the Diavik Diamond Mine. The Ekati Diamond Mine consists of the Core Zone, which includes the current 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. The Company owns an 88.9% interest in the Core Zone and a 65.3% interest in the Buffer Zone. The Company controls and consolidates the Ekati Diamond Mine.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.