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Dominion Diamond reports 2Q loss

Publié le 08 septembre 2016

TORONTO (AP) _ Dominion Diamond Corp. (DDC) on Thursday reported a loss of $32.9 million in its fiscal second quarter.

The Toronto-based company said it had a loss of 39 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were 5 cents per share.

The diamond mining company posted revenue of $160 million in the period.

Dominion Diamond shares have fallen 15 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.71, a drop of 30 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DDC at http://www.zacks.com/ap/DDC

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Keywords: Dominion Diamond, Earnings Report

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