Mountain Province: 1Q Earnings Snapshot

Mountain Province: 1Q Earnings Snapshot

Associated Press

TORONTO (AP) _ Mountain Province Diamonds Inc. (MPVD) on Wednesday reported first-quarter earnings of $1.9 million.

The Toronto-based company said it had net income of 1 cent per share. Losses, adjusted for non-recurring gains, came to 2 cents per share.

The diamond mining company posted revenue of $45.7 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $1.07. A year ago, they were trading at $2.40.

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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