BMO Capital Markets Reiterates Market Perform Rating for Mountain Province Diamonds (TSE:MPVD)

Mountain Province Diamonds (TSE:MPVD)‘s stock had its “market perform” rating restated by research analysts at BMO Capital Markets in a report issued on Tuesday, December 19th. They currently have a C$3.50 price target on the stock.

Separately, Royal Bank of Canada cut their price objective on shares of Mountain Province Diamonds from C$4.40 to C$3.70 and set a “sector perform” rating on the stock in a research report on Wednesday, November 29th.

Mountain Province Diamonds (MPVD) traded up C$0.06 during mid-day trading on Tuesday, reaching C$3.50. 228,025 shares of the company’s stock were exchanged, compared to its average volume of 403,516. Mountain Province Diamonds has a 52 week low of C$3.18 and a 52 week high of C$6.65. The stock has a market capitalization of $562.46, a price-to-earnings ratio of 23.33 and a beta of -0.17.

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Mountain Province Diamonds Company Profile

Mountain Province Diamonds Inc, a diamond mining company, focuses on mining and marketing of rough diamonds worldwide. The company’s primary asset is its 49% interest in the Gahcho Kué project comprising four mining leases covering an area of approximately 10,353 acres located in the Northwest Territories, Canada.

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