Mountain Province Diamonds (TSE:MPVD) Posts Earnings Results

Mountain Province Diamonds (TSE:MPVD) issued its quarterly earnings results on Tuesday. The company reported C($0.31) earnings per share for the quarter, FiscalAI reports. Mountain Province Diamonds had a negative return on equity of 179.77% and a negative net margin of 179.50%.The business had revenue of C$39.98 million for the quarter.

Mountain Province Diamonds Trading Down 10.0%

MPVD stock opened at C$0.05 on Wednesday. The company has a market cap of C$9.57 million, a price-to-earnings ratio of -0.03 and a beta of 1.43. The company has a quick ratio of 0.18, a current ratio of 0.69 and a debt-to-equity ratio of 10,033.85. The business has a fifty day simple moving average of C$0.06 and a 200-day simple moving average of C$0.06. Mountain Province Diamonds has a 52 week low of C$0.04 and a 52 week high of C$0.13.

About Mountain Province Diamonds

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.