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Dominion Diamond reports 1Q loss

TORONTO (AP) _ Dominion Diamond Corp. (DDC) on Monday reported a loss of $7.9 million in its fiscal first quarter.

The Toronto-based company said it had a loss of 9 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, were 9 cents per share.

The diamond mining company posted revenue of $211 million in the period.

Dominion Diamond expects full-year revenue in the range of $875 million to $975 million.

Dominion Diamond shares have climbed 35 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $13.03, a climb of 21 percent in the last 12 months.


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 https://www.zacks.com/ap/DDC


Keywords: Dominion Diamond, Earnings Report