Mountain Province Diamonds (TSE:MPVD) Sets New 12-Month Low – What’s Next?

Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 1036678 shares trading hands. The stock had previously closed at C$0.05.

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 company’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05. The stock has a market capitalization of C$8.49 million, a price-to-earnings ratio of 0.17 and a beta of 0.47.

About Mountain Province Diamonds

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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.

Further Reading

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