Mountain Province Diamonds (TSE:MPVD) Stock Price Down 14.3% – What’s Next?

Shares of Mountain Province Diamonds Inc. (TSE:MPVD) traded down 14.3% on Friday . The stock traded as low as C$0.01 and last traded at C$0.01. 105,962 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 208,355 shares. The stock had previously closed at C$0.02.

Mountain Province Diamonds Price Performance

The company has a debt-to-equity ratio of -777.82, a current ratio of 0.77 and a quick ratio of 0.18. The stock’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.05. The firm has a market capitalization of C$3.19 million, a price-to-earnings ratio of -0.01 and a beta of 1.81.

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

Mountain Province Diamonds Company Profile

Mountain Province is a 49% participant with De Beers in the GK Mine located in Canada’s Northwest Territories. The GK Mine joint venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company also controls more than 96,000 hectares of highly prospective mineral claims and leases surrounding the GK Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites.