Mountain Province Diamonds (TSE:MPVD) Stock Price Down 15.4% – What’s Next?

Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report)’s share price was down 15.4% during mid-day trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 298,000 shares were traded during trading, an increase of 152% from the average daily volume of 118,367 shares. The stock had previously closed at C$0.07.

Mountain Province Diamonds Price Performance

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 50-day moving average of C$0.06 and a 200-day moving average of C$0.08. The stock has a market capitalization of C$12.73 million, a price-to-earnings ratio of -0.14 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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