Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Mountain Province Diamonds (MPVD) Stock Price
Headlines about Mountain Province Diamonds (NASDAQ:MPVD) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mountain Province Diamonds earned a news impact score of 0.06 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.0693292106861 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Mountain Province Diamonds (NASDAQ:MPVD) traded down 1.54% during mid-day trading on Friday, reaching $3.20. 12,076 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $3.51 and its 200 day moving average price is $3.31. Mountain Province Diamonds has a 12 month low of $2.55 and a 12 month high of $5.45. The stock’s market capitalization is $512.75 million.
Separately, Zacks Investment Research lowered shares of Mountain Province Diamonds from a “buy” rating to a “hold” rating in a research note on Saturday, September 9th.
About Mountain Province Diamonds
Mountain Province Diamonds Inc is a resource company. The Company is focused on the mining and marketing of rough diamonds to the global market. The Company holds interests in the GK Diamond Mine. The GK Diamond Mine is located in the Northwest Territories (NWT) of Canada, in the District of Mackenzie, 300 kilometers east-northeast of Yellowknife and 80 kilometers east-southeast of the Snap Lake Mine.
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