Mountain Province Diamonds (TSE:MPVD) Share Price Passes Above 50-Day Moving Average – Here’s Why

Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.02 and traded as high as C$0.02. Mountain Province Diamonds shares last traded at C$0.02, with a volume of 0 shares.

Mountain Province Diamonds Stock Performance

The company has a quick ratio of 0.18, a current ratio of 0.77 and a debt-to-equity ratio of -777.82. The company has a market capitalization of C$4.25 million, a P/E ratio of -0.01 and a beta of 1.81. The stock has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.05.

About Mountain Province Diamonds

(Get Free Report)

Mountain Province is a 49% participant with De Beers in the GK Mine located in Canada’s Northwest Territories. The GK Mine joint venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company also controls more than 96,000 hectares of highly prospective mineral claims and leases surrounding the GK Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites.

Further Reading

Receive News & Ratings for Mountain Province Diamonds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mountain Province Diamonds and related companies with MarketBeat.com's FREE daily email newsletter.