National Bank Financial downgraded shares of Mountain Province Diamonds Inc (TSE:MPV) from an outperform rating to a sector perform rating in a report published on Wednesday.

Several other analysts have also recently commented on MPV. Royal Bank Of Canada cut Mountain Province Diamonds from an outperform rating to a sector perform rating in a report on Monday, June 13th. Scotiabank raised their price target on 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.

Shares of Mountain Province Diamonds (TSE:MPV) opened at 6.88 on Wednesday. The company has a 50-day moving average price of $6.61 and a 200-day moving average price of $5.98. Mountain Province Diamonds has a 12 month low of $3.40 and a 12 month high of $7.18. The company’s market capitalization is $1.10 billion.

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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