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

Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 182020 shares. The stock had previously closed at C$0.11.

Mountain Province Diamonds Stock Performance

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 firm’s fifty day moving average price is C$0.13 and its 200-day moving average price is C$0.14. The firm has a market cap of C$21.21 million, a price-to-earnings ratio of 0.42 and a beta of 2.06.

Mountain Province Diamonds Company Profile

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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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