Mountain Province Diamonds (MPVD) Raised to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Mountain Province Diamonds (NASDAQ:MPVD) from a sell rating to a hold rating in a research note issued to investors on Wednesday.

According to Zacks, “Mountain Province Diamonds Inc. Diamonds is a diamond exploration and development company. It has properties located in Canada’s Northwest Territories. Mountain Province Diamonds Inc., formerly known as Mountain Province Mining Inc., is headquartered in Toronto, Ontario. “

Shares of Mountain Province Diamonds (NASDAQ:MPVD) remained flat at $$2.60 during trading on Wednesday. 32,157 shares of the stock traded hands, compared to its average volume of 41,845. The company has a market cap of $416.66, a P/E ratio of 20.00 and a beta of 0.22. Mountain Province Diamonds has a twelve month low of $2.45 and a twelve month high of $4.10. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.52 and a quick ratio of 0.08.

An institutional investor recently bought a new position in Mountain Province Diamonds stock. Renaissance Technologies LLC bought a new stake in Mountain Province Diamonds, Inc. (NASDAQ:MPVD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 42,240 shares of the company’s stock, valued at approximately $116,000. Institutional investors own 24.23% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Mountain Province Diamonds (MPVD) Raised to Hold at Zacks Investment Research” was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this news story on another publication, it was stolen and reposted in violation of United States & international copyright laws. The original version of this news story can be accessed at

Mountain Province Diamonds Company Profile

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.

Get a free copy of the Zacks research report on Mountain Province Diamonds (MPVD)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for Mountain Province Diamonds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mountain Province Diamonds and related companies with's FREE daily email newsletter.

Leave a Reply