This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Will Purcell

The diamond and specialty minerals stocks box score for Tuesday was a poor 38-58-155 as the TSX Venture Exchange fell four points to 659. Polished diamond prices jumped 3 per cent. Robert Gannicott's Dominion Diamond Corp. (DDC) gained five cents to $21.90 on 347,000 shares. Dominion's stock topped $22 this week in intraday trading, a level last seen in mid-2008 before the Great Recession. The company's stock was falling at the time because investors were worried about a glut of rough diamonds, shrinking revenues and a cut in the company's dividend. Now they are looking forward to a new dividend, growing profits and a shortage of diamonds -- assuming analyst predictions finally come true. Mark Smith's Niocorp Developments Ltd. (NB), $1.90 last week and just $1.10 yesterday, rebounded 22 cents to $1,34 on 1.90 million shares. Niocorp graduated to the TSX early last week but there was nothing material to account for the wild swings.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS