Mountain Province Diamonds (TSE:MPVD) Sets New 1-Year Low – Time to Sell?

Shares of Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 37000 shares changing hands. The stock had previously closed at C$0.04.

Mountain Province Diamonds Price Performance

The firm has a market cap of C$7.43 million, a P/E ratio of 0.15 and a beta of 0.47. The business’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05. The company has a current ratio of 4.04, a quick ratio of 0.18 and a debt-to-equity ratio of 90.05.

About Mountain Province Diamonds

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Mountain Province Diamonds Inc is engaged in the discovery and development of diamond properties in Canada’s Northwest Territories. The company holds interests in Gahcho Kue Diamond Mine in Canada’s Northwest Territories as a joint venture partner with De Beers Canada. Its other projects include the Kennady North which covers a portion of the southeastern Slave Geological Province, an Archean terrain.

Further Reading

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