Shares of Mountain Province Diamonds Inc. (TSE:MPVD – Get Free Report) dropped 5.6% during mid-day trading on Thursday . The company traded as low as C$0.17 and last traded at C$0.17. Approximately 141,101 shares traded hands during mid-day trading, an increase of 2% from the average daily volume of 138,105 shares. The stock had previously closed at C$0.18.
Mountain Province Diamonds Trading Down 8.3 %
The company’s fifty day moving average price is C$0.24 and its two-hundred day moving average price is C$0.26. The company has a current ratio of 3.47, a quick ratio of 0.18 and a debt-to-equity ratio of 69.02. The firm has a market cap of C$34.90 million, a P/E ratio of 0.75 and a beta of 2.22.
About Mountain Province Diamonds
Mountain Province Diamonds Inc focuses on the mining and marketing of rough diamonds worldwide. Its primary asset is its 49% interest in the Gahcho Kué diamond mine comprising mining leases covering an area of 5,216 hectares; and holds a 100% interest in the Kennady North project 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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