Mountain Province Diamonds (TSE:MPVD) Sets New 52-Week Low – Time to Sell?

Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11, with a volume of 45000 shares. The stock had previously closed at C$0.12.

Mountain Province Diamonds Price Performance

The stock has a market capitalization of C$22.27 million, a price-to-earnings ratio of 0.44 and a beta of 2.06. The company has a quick ratio of 0.18, a current ratio of 4.04 and a debt-to-equity ratio of 90.05. The business’s 50 day simple moving average is C$0.13 and its 200-day simple moving average is 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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