Mountain Province Diamonds (TSE:MPVD) Trading Down 12.5% – Here’s Why

Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report) shares traded down 12.5% on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.11. 221,300 shares were traded during trading, an increase of 113% from the average session volume of 103,715 shares. The stock had previously closed at C$0.12.

Mountain Province Diamonds Stock Performance

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 cap of C$23.33 million, a PE ratio of 0.50 and a beta of 2.06. The firm has a fifty day moving average price of C$0.13 and a 200 day moving average price of C$0.15.

Mountain Province Diamonds Company Profile

(Get Free Report)

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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