Mountain Province Diamonds (TSE:MPVD) Stock Price Down 14.3% – Time to Sell?

Mountain Province Diamonds Inc. (TSE:MPVD)’s share price was down 14.3% during trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 198,046 shares traded hands during trading, a decline of 20% from the average daily volume of 246,514 shares. The stock had previously closed at C$0.07.

Mountain Province Diamonds Stock Performance

The company has a debt-to-equity ratio of 90.05, a current ratio of 4.04 and a quick ratio of 0.18. The company has a market capitalization of C$12.74 million, a P/E ratio of 0.25 and a beta of 1.24. The firm has a fifty day moving average price of C$0.05 and a 200-day moving average price of C$0.05.

Mountain Province Diamonds (TSE:MPVD) last issued its quarterly earnings results on Tuesday, November 11th. The company reported C($0.26) EPS for the quarter. The business had revenue of C$29.16 million for the quarter. Mountain Province Diamonds had a negative return on equity of 23.22% and a negative net margin of 31.04%. On average, equities research analysts anticipate that Mountain Province Diamonds Inc. will post 0.12 earnings per share for the current year.

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.