FY2016 Earnings Forecast for Mountain Province Diamonds Inc (MPV) Issued By National Bank Financial
Mountain Province Diamonds Inc (TSE:MPV) – Research analysts at National Bank Financial lifted their FY2016 earnings per share (EPS) estimates for Mountain Province Diamonds in a research report issued on Tuesday. National Bank Financial analyst R. Ray now forecasts that the firm will earn ($0.05) per share for the year, up from their previous forecast of ($0.21). National Bank Financial currently has a “Sector Perform” rating on the stock.
Several other equities analysts have also weighed in on the stock. BMO Capital Markets increased their price objective on shares of Mountain Province Diamonds from C$6.00 to C$7.00 in a research report on Thursday. Royal Bank Of Canada lowered shares of Mountain Province Diamonds from an “outperform” rating to a “sector perform” rating in a research report on Monday, June 13th. Finally, Scotiabank increased their price objective on shares of Mountain Province Diamonds from C$7.00 to C$7.50 and gave the company an “outperform” rating in a research report on Thursday, August 4th.
Mountain Province Diamonds (TSE:MPV) opened at 6.86 on Friday. The firm’s market capitalization is $1.10 billion. The firm has a 50-day moving average of $6.66 and a 200-day moving average of $6.00. Mountain Province Diamonds has a 52-week low of $3.40 and a 52-week high of $7.18.
About Mountain Province Diamonds
Mountain Province Diamonds Inc (MPV) is a natural resource property exploration and development company. The Company holds approximately 49% interest in the Gahcho Kue Property. Its Gahcho Kue Property is located in the Northwest Territories (NWT) of Canada, in the District of Mackenzie, approximately 300 kilometers east-northeast of Yellowknife and over 80 kilometers east-southeast of the existing Snap Lake Mine.
Receive News & Ratings for Mountain Province Diamonds Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mountain Province Diamonds Inc and related companies with MarketBeat.com's FREE daily email newsletter.