Mountain Province Diamonds (OTCMKTS:MPVDF) Shares Down 15%

Mountain Province Diamonds Inc. (OTCMKTS:MPVDF)’s share price was down 15% during mid-day trading on Monday . The stock traded as low as $0.12 and last traded at $0.12. Approximately 136 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 27,539 shares. The stock had previously closed at $0.14.

Mountain Province Diamonds Price Performance

The company has a quick ratio of 0.71, a current ratio of 2.96 and a debt-to-equity ratio of 0.86. The firm has a market cap of $26.49 million, a price-to-earnings ratio of -0.47 and a beta of 2.07. The stock’s 50 day moving average is $0.14 and its 200 day moving average is $0.16.

Mountain Province Diamonds (OTCMKTS:MPVDF) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $66.34 million for the quarter. Mountain Province Diamonds had a positive return on equity of 2.02% and a negative net margin of 22.24%.

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.