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National Bank Financial downgraded Mountain Province Diamonds, Inc. (NASDAQ:MDM) to Sec Perform Spec Market Wgt in a statement released earlier today.

National Bank Financial has downgraded Mountain Province Diamonds, Inc. (NASDAQ:MDM) to Sec Perform Spec Market Wgt in a statement released on 9/27/2016.

Having a price of $5.23, Mountain Province Diamonds, Inc. (NASDAQ:MDM) traded -0.85% lower on the day. With the last close up 13.48% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Mountain Province Diamonds, Inc. has recorded a 50-day average of $5.10 and a two hundred day average of $4.61. Trading volume was down over the average, with 50,173 shares of MDM changing hands under the typical 50,562

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Mountain Province Diamonds, Inc. (NASDAQ:MDM)

Mountain Province Diamonds, Inc. has a with a one year low of $2.47 and a one year high of $5.52 MDM’s total market value is presently $0.

Brief Synopsis On Mountain Province Diamonds, Inc. (NASDAQ:MDM)

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. The Gahcho Kue Property covers approximately 10,353 acres, and consists of over four mining leases (numbers 4341, 4199, 4200, and 4201). The Gahcho Kue Property hosts approximately four primary kimberlite bodies, such as Hearne, Tuzo, Tesla and 5034. Hearne Pipe has total surface area of approximately 1.5 hectares. The Tuzo Pipe has a total surface area of approximately 1.4 hectares. The 5034 Pipe has a total surface area of approximately 1.95 hectares. The Company's subsidiaries include 2435386 Ontario Inc. and 2435572 Ontario Inc.

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