Mountain Province Diamonds (OTCMKTS:MPVDF) Posts Earnings Results

Mountain Province Diamonds (OTCMKTS:MPVDF) announced its quarterly earnings data on Wednesday. The company reported ($0.10) earnings per share for the quarter, Zacks reports. Mountain Province Diamonds had a negative net margin of 31.87% and a negative return on equity of 3.67%.

Mountain Province Diamonds Trading Down 15.6 %

Shares of MPVDF traded down $0.01 during midday trading on Wednesday, hitting $0.05. 13,481 shares of the stock were exchanged, compared to its average volume of 30,028. Mountain Province Diamonds has a 52-week low of $0.03 and a 52-week high of $0.18. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.52 and a current ratio of 3.45. The stock has a fifty day simple moving average of $0.05 and a 200 day simple moving average of $0.08. The firm has a market cap of $9.75 million, a P/E ratio of -0.14 and a beta of 2.14.

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.