Shares of Mountain Province Diamonds Inc. (TSE:MPVD – Get Free Report) fell 9.4% during trading on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.15. 221,600 shares changed hands during mid-day trading, an increase of 100% from the average session volume of 110,803 shares. The stock had previously closed at C$0.16.
Mountain Province Diamonds Price Performance
The company has a quick ratio of 0.18, a current ratio of 4.04 and a debt-to-equity ratio of 90.05. The stock’s 50 day moving average price is C$0.14 and its two-hundred day moving average price is C$0.17. The stock has a market cap of C$30.76 million, a price-to-earnings ratio of 0.60 and a beta of 2.06.
About Mountain Province Diamonds
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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