Mountain Province Diamonds Inc (MPV) Lowered to Sector Perform at National Bank Financial

National Bank Financial cut shares of Mountain Province Diamonds Inc (TSE:MPV) from an outperform rating to a sector perform rating in a research report released on Wednesday.

A number of other equities research analysts also recently weighed in on MPV. Royal Bank Of Canada downgraded Mountain Province Diamonds from an outperform rating to a sector perform rating in a research report on Monday, June 13th. Scotiabank upped their target price on Mountain Province Diamonds from C$7.00 to C$7.50 and gave the stock an outperform rating in a research report on Thursday, August 4th.

Mountain Province Diamonds (TSE:MPV) opened at 6.88 on Wednesday. Mountain Province Diamonds has a 1-year low of $3.40 and a 1-year high of $7.18. The company has a 50-day moving average price of $6.61 and a 200 day moving average price of $5.98. The stock’s market capitalization is $1.10 billion.

Mountain Province Diamonds Company Profile

Mountain Province Diamonds Inc (MPV) is a natural resource property exploration and development company. The Company holds approximately 49% interest in the Gahcho Kue Property. Its Gahcho Kue Property is located in the Northwest Territories (NWT) of Canada, in the District of Mackenzie, approximately 300 kilometers east-northeast of Yellowknife and over 80 kilometers east-southeast of the existing Snap Lake Mine.

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