Royal Bank Of Canada Cuts Mountain Province Diamonds Inc (MPVD) Price Target to C$4.40
Mountain Province Diamonds Inc (TSE:MPVD) had its target price cut by investment analysts at Royal Bank Of Canada from C$4.90 to C$4.40 in a report issued on Thursday. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 11.39% from the stock’s current price.
Several other equities analysts also recently commented on MPVD. Mountain Province Diamonds, Inc. upped their price objective on shares of Mountain Province Diamonds from C$4.80 to C$4.90 and gave the company a “sector perform” rating in a research note on Monday, July 31st. BMO Capital Markets lowered their price objective on shares of Mountain Province Diamonds from C$5.00 to C$4.00 in a research note on Tuesday, September 26th.
Shares of Mountain Province Diamonds (TSE:MPVD) traded down 0.51% during mid-day trading on Thursday, reaching $3.93. The company’s stock had a trading volume of 30,155 shares. The firm’s market cap is $629.72 million. Mountain Province Diamonds has a 12 month low of $3.56 and a 12 month high of $7.15. The company’s 50-day moving average is $4.13 and its 200 day moving average is $4.22.
Mountain Province Diamonds Company Profile
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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