Mountain Province Diamonds (TSE:MPVD) Sets New 12-Month Low – Here’s Why

Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.06, with a volume of 5000 shares trading hands. The stock had previously closed at C$0.06.

Mountain Province Diamonds Stock Performance

The business has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.10. The company has a current ratio of 4.04, a quick ratio of 0.18 and a debt-to-equity ratio of 90.05. The firm has a market capitalization of C$11.67 million, a PE 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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