Shares of Mountain Province Diamonds Inc. (TSE:MPVD – Get Free Report) dropped 5.6% 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 Stock Performance
The stock has a 50 day moving average price of C$0.23 and a two-hundred day moving average price of C$0.25. 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 company has a market cap of C$35.95 million, a price-to-earnings ratio of 0.71 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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