Mountain Province Diamonds (MPVD) Downgraded by Zacks Investment Research to Hold
Mountain Province Diamonds (NASDAQ:MPVD) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a 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 (MPVD) traded down $0.20 on Wednesday, reaching $2.55. The company had a trading volume of 105,800 shares, compared to its average volume of 111,850. The company has a market cap of $420.65, a P/E ratio of 127.50 and a beta of 0.16. Mountain Province Diamonds has a 52 week low of $2.45 and a 52 week high of $5.35. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.52 and a quick ratio of 0.08.
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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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