Mountain Province Diamonds Inc (TSE:MPVD) had its price objective reduced by analysts at Royal Bank Of Canada from C$4.90 to C$4.40 in a report issued on Thursday. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 13.11% from the company’s current price.

Other research analysts have also recently issued reports about the company. BMO Capital Markets lowered their price objective on Mountain Province Diamonds from C$5.00 to C$4.00 in a research report on Tuesday, September 26th. Mountain Province Diamonds, Inc. boosted their price target on Mountain Province Diamonds from C$4.80 to C$4.90 and gave the stock a “sector perform” rating in a report on Monday, July 31st.

Mountain Province Diamonds (MPVD) traded down 1.52% during midday trading on Thursday, reaching $3.89. 39,448 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $4.12 and its 200-day moving average price is $4.22. Mountain Province Diamonds has a one year low of $3.56 and a one year high of $7.15. The stock’s market cap is $623.31 million.

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Mountain Province Diamonds Company Profile

Mountain Province Diamonds Inc, a diamond mining company, focuses on 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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