Mountain Province Diamonds (TSE:MPVD) Sets New 12-Month Low – Time to Sell?

Shares of Mountain Province Diamonds Inc. (TSE:MPVD) 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 Stock Performance

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

Mountain Province Diamonds (TSE:MPVD) last posted its quarterly earnings results on Tuesday, November 11th. The company reported C($0.26) EPS for the quarter. The business had revenue of C$29.16 million for the quarter. Mountain Province Diamonds had a negative return on equity of 23.22% and a negative net margin of 31.04%. As a group, research analysts anticipate that Mountain Province Diamonds Inc. will post 0.12 EPS for the current fiscal year.

Mountain Province Diamonds Company Profile

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.