Mountain Province Diamonds, Inc. (TSE:MPVD) shot up 0.8% on Thursday . The stock traded as high as C$1.23 and last traded at C$1.22, 5,798 shares were traded during trading. A decline of 97% from the average session volume of 213,617 shares. The stock had previously closed at C$1.21.
Separately, BMO Capital Markets reduced their target price on Mountain Province Diamonds from C$1.75 to C$1.50 in a research report on Thursday, September 26th.
The company has a 50-day moving average of C$1.28 and a two-hundred day moving average of C$1.28. The stock has a market capitalization of $273.18 million and a PE ratio of -180.00. The company has a debt-to-equity ratio of 82.89, a current ratio of 3.90 and a quick ratio of 0.85.
Mountain Province Diamonds Inc, through its wholly owned subsidiaries, focuses on the mining and marketing of rough diamonds worldwide. The company's primary asset is its 49% interest in the Gahcho Kué project comprising four mining leases covering an area of approximately 10,353 acres located in the Northwest Territories, Canada.
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