Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Sees Significant Increase in Short Interest

Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 162,800 shares, an increase of 67.3% from the March 31st total of 97,300 shares. Based on an average trading volume of 147,100 shares, the days-to-cover ratio is presently 1.1 days.

Mountain Province Diamonds Price Performance

Shares of OTCMKTS:MPVDF remained flat at $0.13 during trading on Monday. 97,817 shares of the stock traded hands, compared to its average volume of 30,848. The stock has a market capitalization of $27.50 million, a PE ratio of -0.72 and a beta of 2.00. The company has a quick ratio of 0.74, a current ratio of 3.72 and a debt-to-equity ratio of 0.85. Mountain Province Diamonds has a twelve month low of $0.12 and a twelve month high of $0.41. The company has a 50-day moving average of $0.16 and a 200 day moving average of $0.18.

Mountain Province Diamonds (OTCMKTS:MPVDF) last issued its quarterly earnings data on Monday, April 1st. The company reported $0.03 earnings per share for the quarter. The business had revenue of $58.60 million during the quarter. Mountain Province Diamonds had a negative net margin of 14.29% and a positive return on equity of 6.97%.

Mountain Province Diamonds Company Profile

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.