Mountain Province Diamonds (TSE:MPVD) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.02 and traded as high as C$0.02. Mountain Province Diamonds shares last traded at C$0.02, with a volume of 0 shares trading hands.

Mountain Province Diamonds Stock Up 33.3%

The stock has a market capitalization of C$4.25 million, a P/E ratio of -0.01 and a beta of 1.81. The company has a current ratio of 0.77, a quick ratio of 0.18 and a debt-to-equity ratio of -777.82. The stock’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.05.

Mountain Province Diamonds (TSE:MPVDGet Free Report) last released its earnings results on Tuesday, May 12th. The company reported C($0.31) earnings per share for the quarter. The company had revenue of C$39.98 million during the quarter. Mountain Province Diamonds had a negative return on equity of 397.12% and a negative net margin of 204.48%. As a group, research analysts predict that Mountain Province Diamonds Inc. will post 0.12 EPS for the current fiscal year.

About Mountain Province Diamonds

(Get Free Report)

Mountain Province is a 49% participant with De Beers in the GK Mine located in Canada’s Northwest Territories. The GK Mine joint venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company also controls more than 96,000 hectares of highly prospective mineral claims and leases surrounding the GK Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites.

Featured Articles

Receive News & Ratings for Mountain Province Diamonds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mountain Province Diamonds and related companies with MarketBeat.com's FREE daily email newsletter.