Mountain Province Diamonds (TSE:MPVD) Reaches New 12-Month Low – Here’s Why

Mountain Province Diamonds Inc. (TSE:MPVD) hit a new 52-week low on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 578691 shares changing hands. The stock had previously closed at C$0.02.

Mountain Province Diamonds Stock Performance

The business has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.05. The firm has a market capitalization of C$4.25 million, a price-to-earnings ratio of -0.01 and a beta of 1.72. The company has a debt-to-equity ratio of -777.82, a quick ratio of 0.18 and a current ratio of 0.77.

Mountain Province Diamonds (TSE:MPVD) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C($0.31) EPS for the quarter. The firm had revenue of C$39.98 million during the quarter. Mountain Province Diamonds had a negative net margin of 204.48% and a negative return on equity of 397.12%. Equities analysts predict that Mountain Province Diamonds Inc. will post 0.12 EPS for the current 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.