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Mountain Province: 2Q Earnings Snapshot

August 6, 2019

TORONTO (AP) _ Mountain Province Diamonds Inc. (MPVD) on Tuesday reported second-quarter net income of $7.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Toronto-based company said it had profit of 4 cents. Earnings, adjusted for non-recurring gains, came to 1 cent per share.

The diamond mining company posted revenue of $71.6 million in the period.

In the final minutes of trading on Tuesday, the company’s shares hit 97 cents. A year ago, they were trading at $2.30.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MPVD at https://www.zacks.com/ap/MPVD

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