Mountain Province Diamonds Inc (TSE:MPV) had its target price lifted by stock analysts at BMO Capital Markets from C$6.00 to C$7.00 in a research report issued to clients and investors on Thursday. BMO Capital Markets’ target price would indicate a potential upside of 2.04% from the company’s previous close.
Other equities research analysts have also issued research reports about the stock. Scotiabank boosted their price target on shares of Mountain Province Diamonds from C$7.00 to C$7.50 and gave the company an “outperform” rating in a report on Thursday, August 4th. Royal Bank Of Canada lowered shares of Mountain Province Diamonds from an “outperform” rating to a “sector perform” rating in a report on Monday, June 13th. Finally, National Bank Financial lowered shares of Mountain Province Diamonds from an “outperform” rating to a “sector perform” rating in a report on Wednesday, September 28th.
Shares of Mountain Province Diamonds (TSE:MPV) opened at 6.86 on Thursday. The company has a 50-day moving average of $6.66 and a 200 day moving average of $6.00. The stock’s market cap is $1.10 billion. Mountain Province Diamonds has a one year low of $3.40 and a one year high of $7.18.
About Mountain Province Diamonds
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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