BMO Capital Markets Reaffirms “Market Perform” Rating for Mountain Province Diamonds (MPVD)

BMO Capital Markets reissued their market perform rating on shares of Mountain Province Diamonds (TSE:MPVD) in a research note issued to investors on Tuesday morning. BMO Capital Markets currently has a C$3.50 price target on the stock.

Separately, Royal Bank of Canada dropped their target price on Mountain Province Diamonds from C$4.90 to C$4.40 and set a sector perform rating on the stock in a report on Thursday, October 12th.

Mountain Province Diamonds (MPVD) opened at C$3.48 on Tuesday. Mountain Province Diamonds has a fifty-two week low of C$3.28 and a fifty-two week high of C$6.94. The firm has a market capitalization of $548.04, a P/E ratio of 23.20 and a beta of -0.18.

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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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