Mountain Province Diamonds (TSE:MPVD) Posts Earnings Results

Mountain Province Diamonds (TSE:MPVD) posted its earnings results on Tuesday. The company reported C($0.31) earnings per share for the quarter, FiscalAI reports. Mountain Province Diamonds had a negative net margin of 179.50% and a negative return on equity of 179.77%. The firm had revenue of C$39.98 million for the quarter.

Mountain Province Diamonds Price Performance

Shares of Mountain Province Diamonds stock traded down C$0.01 during trading hours on Tuesday, reaching C$0.05. The stock had a trading volume of 176,660 shares, compared to its average volume of 135,894. The stock’s 50 day moving average is C$0.06 and its 200 day moving average is C$0.06. The company has a current ratio of 0.69, a quick ratio of 0.18 and a debt-to-equity ratio of 10,033.85. Mountain Province Diamonds has a twelve month low of C$0.04 and a twelve month high of C$0.13. The firm has a market capitalization of C$9.57 million, a PE ratio of -0.03 and a beta of 1.43.

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.