Published On: Wed, Oct 19th, 2016

Mountain Province Diamonds Inc. (NASDAQ:MDM) Updated Broker Ratings


A number of investment brokers have recently updated their price targets on shares of Mountain Province Diamonds Inc. (NASDAQ:MDM).

Most recent broker ratings

09/28/2016 – Mountain Province Diamonds Inc. had its “sector perform” rating reiterated by analysts at National Bank Financial.

08/04/2016 – Mountain Province Diamonds Inc. had its “outperform” rating reiterated by analysts at Scotiabank. They now have a USD 7.5 price target on the stock.

06/13/2016 – Mountain Province Diamonds Inc. had its “sector perform” rating reiterated by analysts at RBC Capital.

02/20/2015 – Mountain Province Diamonds Inc. had its “buy” rating reiterated by analysts at Dundee Securities. They now have a USD 6.5 price target on the stock.

The share price of Mountain Province Diamonds Inc. (NASDAQ:MDM) was up +3.88% during the last day of trading, with a day high of 5.35. 44270 shares were traded during the last session.

The stock’s 50 day moving average is 5.14 and its 200 day moving average is 4.74. The stock’s market capitalization is 854.81M. Mountain Province Diamonds Inc. has a 52-week low of 2.47 and a 52-week high of 5.52.

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. The Gahcho Kue Property covers approximately 10,353 acres, and consists of over four mining leases (numbers 4341, 4199, 4200, and 4201). The Gahcho Kue Property hosts approximately four primary kimberlite bodies, such as Hearne, Tuzo, Tesla and 5034. Hearne Pipe has total surface area of approximately 1.5 hectares. The Tuzo Pipe has a total surface area of approximately 1.4 hectares. The 5034 Pipe has a total surface area of approximately 1.95 hectares. The Company’s subsidiaries include 2435386 Ontario Inc. and 2435572 Ontario Inc.