Short Interest in Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Decreases By 24.7%

Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 68,600 shares, a decline of 24.7% from the February 28th total of 91,100 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 63,900 shares, the short-interest ratio is presently 1.1 days.

Mountain Province Diamonds Trading Up 2.0 %

OTCMKTS:MPVDF opened at $0.05 on Friday. The company has a current ratio of 3.45, a quick ratio of 0.52 and a debt-to-equity ratio of 0.95. The firm has a market capitalization of $9.83 million, a price-to-earnings ratio of -0.14 and a beta of 2.14. The business’s 50-day moving average price is $0.05 and its two-hundred day moving average price is $0.08. Mountain Province Diamonds has a 1-year low of $0.03 and a 1-year high of $0.18.

Mountain Province Diamonds (OTCMKTS:MPVDF) last issued its quarterly earnings data on Wednesday, March 26th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.08). Mountain Province Diamonds had a negative return on equity of 3.67% and a negative net margin of 31.87%. The business had revenue of $37.16 million for the quarter.

About Mountain Province Diamonds

Mountain Province Diamonds Inc focuses on the mining and marketing of rough diamonds worldwide. The company holds a 49% interest in the Gahcho Kué mine comprising mining leases covering an area of 5,216 hectares; and 100% of the mineral rights of the Kennady North consisting of 22 federal leases and 97 claims covering an area of 113,000 hectares located in the Northwest Territories, Canada.