Mountain Province Diamonds (TSE:MPVD) Sets New 52-Week Low – Time to Sell?

Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 5100 shares changing hands. The stock had previously closed at C$0.10.

Mountain Province Diamonds Stock Performance

The company has a debt-to-equity ratio of 90.05, a quick ratio of 0.18 and a current ratio of 4.04. The business’s fifty day simple moving average is C$0.11 and its 200-day simple moving average is C$0.13. The firm has a market capitalization of C$20.15 million, a PE ratio of 0.40 and a beta of 2.06.

About Mountain Province Diamonds

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Mountain Province Diamonds Inc focuses on the mining and marketing of rough diamonds worldwide. The company holds a 49% interest in the Gahcho Kué mine comprising mining leases covering an area of 5,216 hectares; and 100% of the mineral rights of the Kennady North consisting of 22 federal leases and 97 claims covering an area of 113,000 hectares located in the Northwest Territories, Canada.

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