Mountain Province: 2Q Earnings Snapshot
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.