Mountain Province Diamonds Inc. (TSE:MPVD – Get Free Report)’s stock price shot up 42.9% during trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 226,829 shares changed hands during mid-day trading, an increase of 210% from the average session volume of 73,287 shares. The stock had previously closed at C$0.07.
Mountain Province Diamonds Stock Performance
The stock’s 50-day simple moving average is C$0.11 and its 200 day simple moving average is C$0.13. The company has a debt-to-equity ratio of 90.05, a quick ratio of 0.18 and a current ratio of 4.04. The company has a market capitalization of C$21.21 million, a PE ratio of 0.42 and a beta of 2.06.
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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