Mountain Province Diamonds (MPVD) Stock Rating Reaffirmed by BMO Capital Markets
Mountain Province Diamonds (TSE:MPVD)‘s stock had its “market perform” rating restated by BMO Capital Markets in a research note issued to investors on Tuesday. They presently have a C$3.50 price objective on the stock. BMO Capital Markets’ price objective would suggest a potential upside of 1.74% from the stock’s current price.
Separately, Royal Bank of Canada dropped their price target on shares of Mountain Province Diamonds from C$4.90 to C$4.40 and set a “sector perform” rating for the company in a research note on Thursday, October 12th.
Shares of Mountain Province Diamonds (TSE:MPVD) traded up C$0.02 during mid-day trading on Tuesday, hitting C$3.44. 200,349 shares of the stock were exchanged, compared to its average volume of 140,750. Mountain Province Diamonds has a 12 month low of C$3.28 and a 12 month high of C$6.94.
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About Mountain Province Diamonds
Mountain Province Diamonds Inc, a diamond mining company, focuses on mining and marketing of rough diamonds worldwide. The companys 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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