Mountain Province Diamonds Inc. (TSE:MPVD – Get Free Report)’s stock price dropped 15.4% on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 298,000 shares traded hands during mid-day trading, an increase of 152% from the average daily volume of 118,367 shares. The stock had previously closed at C$0.07.
Mountain Province Diamonds Stock Down 7.7%
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 company has a market capitalization of C$12.73 million, a price-to-earnings ratio of -0.14 and a beta of 2.06. The firm’s 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.08.
About Mountain Province Diamonds
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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