Mountain Province Diamonds (TSE:MPVD) Sets New 12-Month Low – Time to Sell?

Mountain Province Diamonds Inc. (TSE:MPVD) hit a new 52-week low on Wednesday . The company traded as low as C$0.03 and last traded at C$0.04, with a volume of 199071 shares changing hands. The stock had previously closed at C$0.03.

Mountain Province Diamonds Price Performance

The stock has a market capitalization of C$7.44 million, a PE ratio of -0.02 and a beta of 1.72. 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 firm’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06.

Mountain Province Diamonds (TSE:MPVD) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C($0.31) earnings per share (EPS) for the quarter. The business 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%. As a group, equities analysts forecast that Mountain Province Diamonds Inc. will post 0.12 EPS for the current fiscal 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.