Shares of Mountain Province Diamonds Inc. (TSE:MPVD – Get Free Report) rose 7.4% on Friday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 127,600 shares changed hands during mid-day trading, an increase of 10% from the average daily volume of 116,251 shares. The stock had previously closed at C$0.14.
Mountain Province Diamonds Stock Performance
The business has a fifty day simple moving average of C$0.14 and a two-hundred day simple moving average of C$0.19. The company has a quick ratio of 0.18, a current ratio of 4.04 and a debt-to-equity ratio of 90.05. The company has a market cap of C$33.94 million, a P/E ratio of 0.67 and a beta of 2.08.
About Mountain Province Diamonds
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.
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