Shares of Mountain Province Diamonds Inc. (TSE:MPVD – Get Free Report) dropped 8% on Wednesday . The company traded as low as C$0.23 and last traded at C$0.23. Approximately 562,126 shares were traded during trading, an increase of 400% from the average daily volume of 112,438 shares. The stock had previously closed at C$0.25.
Mountain Province Diamonds Trading Down 2.1 %
The stock’s fifty day simple moving average is C$0.25 and its 200-day simple moving average is C$0.27. The company has a debt-to-equity ratio of 69.02, a current ratio of 3.47 and a quick ratio of 0.18. The firm has a market cap of C$49.70 million, a PE ratio of 0.98 and a beta of 2.22.
About Mountain Province Diamonds
Mountain Province Diamonds Inc focuses on the mining and marketing of rough diamonds worldwide. Its primary asset is its 49% interest in the Gahcho Kué diamond mine comprising mining leases covering an area of 5,216 hectares; and holds a 100% interest in the Kennady North project 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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