Mountain Province Diamonds (TSE:MPVD) Reaches New 12-Month Low – Here’s What Happened

Shares of Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report) reached a new 52-week low on Thursday . The company traded as low as C$0.05 and last traded at C$0.06, with a volume of 5000 shares traded. The stock had previously closed at C$0.06.

Mountain Province Diamonds Stock Performance

The company’s fifty day moving average is C$0.06 and its two-hundred day moving average is C$0.10. The company has a quick ratio of 0.18, a current ratio of 4.04 and a debt-to-equity ratio of 90.05. The stock has a market cap of C$11.67 million, a price-to-earnings ratio of -0.13 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.

Further Reading

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