Mountain Province Diamonds (TSE:MPVD) Share Price Passes Below 50-Day Moving Average of $0.14

Shares of Mountain Province Diamonds Inc. (TSE:MPVD) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.14 and traded as low as C$0.13. Mountain Province Diamonds shares last traded at C$0.13, with a volume of 268,061 shares traded.

Mountain Province Diamonds Price Performance

The company has a debt-to-equity ratio of 90.05, a quick ratio of 0.18 and a current ratio of 4.04. The firm has a market capitalization of C$27.58 million, a P/E ratio of 0.54 and a beta of 2.07. The stock’s 50 day simple moving average is C$0.14 and its 200 day simple moving average is C$0.18.

About Mountain Province Diamonds

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.