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.
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.
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