Mountain Province: Q1 Earnings Snapshot

By The Associated Press

TORONTO (AP) _ Mountain Province Diamonds Inc. (MPVDF) on Wednesday reported first-quarter net income of $5.8 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 2 cents.

The diamond mining company posted revenue of $42.8 million in the period.

The company’s shares closed at 40 cents. A year ago, they were trading at 24 cents.

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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 MPVDF at https://www.zacks.com/ap/MPVDF

The Associated Press

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