Mountain Province Diamonds (OTCMKTS:MPVDF) Issues Quarterly Earnings Results

Mountain Province Diamonds (OTCMKTS:MPVDF) issued its earnings results on Wednesday. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.08), Zacks reports. Mountain Province Diamonds had a negative return on equity of 3.67% and a negative net margin of 31.87%. The business had revenue of $37.16 million for the quarter.

Mountain Province Diamonds Stock Down 1.1 %

MPVDF opened at $0.05 on Friday. Mountain Province Diamonds has a 12 month low of $0.03 and a 12 month high of $0.18. The company has a market cap of $9.64 million, a PE ratio of -0.14 and a beta of 2.14. The company has a current ratio of 3.45, a quick ratio of 0.52 and a debt-to-equity ratio of 0.95. The company has a 50 day moving average of $0.05 and a 200 day moving average of $0.08.

Mountain Province Diamonds Company Profile

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.