Mountain Province Diamonds Given Outperform Rating at Scotiabank (MDM)
Mountain Province Diamonds (NYSE:MDM)‘s stock had its “outperform” rating reaffirmed by stock analysts at Scotiabank in a report issued on Friday. They currently have a C$5.85 price target on the stock.
Separately, analysts at National Bank Financial cut their price target on shares of Mountain Province Diamonds from C$6.50 to C$6.35 in a research note on Thursday, May 29th. They now have an “outperform” rating on the stock.
Mountain Province Diamonds (NYSE:MDM) traded up 0.44% on Friday, hitting $4.60. The stock had a trading volume of 4,091 shares. Mountain Province Diamonds has a one year low of $4.46 and a one year high of $5.59. The stock’s 50-day moving average is $4.59 and its 200-day moving average is $4.77. The company’s market cap is $487.8 million.
Mountain Province Diamonds Inc is a natural resource property exploration and development company. The Company has interests in several natural resource properties, including a 49% interest (NYSE:MDM) in the AK Property located in the Northwest Territories of Canada.
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