Shares of Mountain Province Diamonds (NASDAQ:MPVD) have been given a consensus broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has given a strong buy rating to the company. Mountain Province Diamonds’ rating score has declined by 100% in the last 90 days as a result of a number of analysts’ upgrades and downgrades.

Brokers have set a 1 year consensus target price of $5.00 for the company, according to Zacks. Zacks has also assigned Mountain Province Diamonds an industry rank of 93 out of 265 based on the ratings given to its competitors.

Several equities analysts have commented on MPVD shares. Zacks Investment Research downgraded shares of Mountain Province Diamonds from a “hold” rating to a “sell” rating in a report on Thursday, January 18th. BidaskClub upgraded Mountain Province Diamonds from a “sell” rating to a “hold” rating in a research report on Saturday, April 7th. Finally, ValuEngine upgraded Mountain Province Diamonds from a “sell” rating to a “hold” rating in a research report on Thursday, May 3rd.

Shares of Mountain Province Diamonds traded down $0.03, hitting $2.70, on Friday, MarketBeat.com reports. The company had a trading volume of 6 shares, compared to its average volume of 67,511. Mountain Province Diamonds has a 1-year low of $2.70 and a 1-year high of $2.75. The company has a market cap of $416.66 million, a P/E ratio of 34.38 and a beta of 0.19. The company has a debt-to-equity ratio of 1.21, a current ratio of 3.26 and a quick ratio of 0.76.

Mountain Province Diamonds (NASDAQ:MPVD) last released its quarterly earnings data on Monday, March 26th. The company reported ($0.08) EPS for the quarter. Mountain Province Diamonds had a net margin of 8.17% and a return on equity of 5.82%. The company had revenue of $60.82 million during the quarter. equities research analysts expect that Mountain Province Diamonds will post -0.18 earnings per share for the current year.

A number of large investors have recently added to or reduced their stakes in MPVD. Renaissance Technologies LLC acquired a new position in Mountain Province Diamonds during the fourth quarter worth $116,000. Private Advisor Group LLC acquired a new position in Mountain Province Diamonds during the first quarter worth $193,000. FIL Ltd lifted its stake in Mountain Province Diamonds by 107.4% during the first quarter. FIL Ltd now owns 5,043,941 shares of the company’s stock worth $12,528,000 after purchasing an additional 2,611,411 shares in the last quarter. Finally, Barclays PLC lifted its stake in Mountain Province Diamonds by 14.3% during the first quarter. Barclays PLC now owns 478,341 shares of the company’s stock worth $1,172,000 after purchasing an additional 60,000 shares in the last quarter. Institutional investors own 23.48% of the company’s stock.

Mountain Province Diamonds Company Profile

Mountain Province Diamonds Inc, through its wholly owned subsidiaries, focuses on the 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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