Mountain Province Diamonds (NASDAQ:MPVD) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.
Separately, Zacks Investment Research raised shares of Mountain Province Diamonds from a “hold” rating to a “buy” rating and set a $3.00 price objective for the company in a research report on Monday, December 11th.
Shares of MPVD stock opened at $2.60 on Friday. Mountain Province Diamonds has a 52-week low of $2.40 and a 52-week high of $4.10. The company has a quick ratio of 1.42, a current ratio of 3.80 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $416.64, a price-to-earnings ratio of 32.50 and a beta of 0.19.
Mountain Province Diamonds (NASDAQ:MPVD) last issued its quarterly earnings data on Monday, March 26th. The company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $60.82 million for the quarter. equities analysts expect that Mountain Province Diamonds will post -0.18 EPS for the current year.
A hedge fund recently bought a new stake in Mountain Province Diamonds stock. Renaissance Technologies LLC acquired a new position in Mountain Province Diamonds, Inc. (NASDAQ:MPVD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 42,240 shares of the company’s stock, valued at approximately $116,000. 23.54% of the stock is currently owned by institutional investors and hedge funds.
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Mountain Province Diamonds Company Profile
Mountain Province Diamonds Inc is a resource company. The Company is focused on the mining and marketing of rough diamonds to the global market. The Company holds interests in the GK Diamond Mine. The GK Diamond Mine is located in the Northwest Territories (NWT) of Canada, in the District of Mackenzie, 300 kilometers east-northeast of Yellowknife and 80 kilometers east-southeast of the Snap Lake Mine.
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