Mountain Province Diamonds (TSE:MPVD) Trading Down 13.3% – Should You Sell?

Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report) traded down 13.3% on Monday . The company traded as low as C$0.07 and last traded at C$0.07. 259,550 shares changed hands during mid-day trading, an increase of 184% from the average session volume of 91,445 shares. The stock had previously closed at C$0.08.

Mountain Province Diamonds Trading Down 16.7 %

The company has a fifty day moving average of C$0.10 and a 200-day moving average of C$0.13. The company has a debt-to-equity ratio of 90.05, a current ratio of 4.04 and a quick ratio of 0.18. The firm has a market capitalization of C$10.61 million, a PE ratio of 0.21 and a beta of 2.06.

About Mountain Province Diamonds

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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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