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

Mountain Province Diamonds Inc. (TSE:MPVD)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.06, with a volume of 84996 shares trading hands. The stock had previously closed at C$0.04.

Mountain Province Diamonds Price Performance

The firm has a market capitalization of C$11.69 million, a P/E ratio of -0.04 and a beta of 1.43. The firm has a 50 day moving average price of C$0.05 and a 200-day moving average price of C$0.06. The company has a current ratio of 0.77, a quick ratio of 0.18 and a debt-to-equity ratio of -777.82.

Mountain Province Diamonds (TSE:MPVD) last posted its quarterly earnings data on Tuesday, May 12th. The company reported C($0.31) earnings per share (EPS) for the quarter. The company had revenue of C$39.98 million during the quarter. Mountain Province Diamonds had a negative net margin of 204.48% and a negative return on equity of 397.12%. On average, analysts expect that Mountain Province Diamonds Inc. will post 0.12 earnings per share for the current year.

Mountain Province Diamonds Company Profile

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.