Shares of Mountain Province Diamonds Inc. (TSE:MPVD – Get Free Report) dropped 12.5% during trading on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 221,300 shares changed hands during trading, an increase of 113% from the average daily volume of 103,715 shares. The stock had previously closed at C$0.12.
Mountain Province Diamonds Stock Up 4.8 %
The stock has a 50 day moving average of C$0.13 and a 200 day moving average of C$0.14. The firm has a market capitalization of C$23.33 million, a price-to-earnings ratio of 0.46 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.
Mountain Province Diamonds Company Profile
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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