Mountain Province Diamonds (TSE:MPVD) Hits New 52-Week Low – What’s Next?

Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.06, with a volume of 902244 shares changing hands. The stock had previously closed at C$0.07.

Mountain Province Diamonds Price Performance

The stock has a market capitalization of C$13.80 million, a P/E ratio of -0.15 and a beta of 2.06. The company has a current ratio of 4.04, a quick ratio of 0.18 and a debt-to-equity ratio of 90.05. The company has a fifty day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.12.

Mountain Province Diamonds Company Profile

(Get Free Report)

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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