Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Short Interest Update

Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) was the recipient of a significant decline in short interest in 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. Based on an average daily trading volume, of 63,900 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.0% of the shares of the stock are sold short.

Mountain Province Diamonds Price Performance

Shares of OTCMKTS:MPVDF remained flat at $0.05 during midday trading on Tuesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 3.45 and a quick ratio of 0.52. The firm has a market cap of $9.83 million, a P/E ratio of -0.14 and a beta of 2.14. The firm’s 50 day moving average is $0.05 and its 200 day moving average is $0.08. Mountain Province Diamonds has a twelve month low of $0.03 and a twelve month high of $0.18.

Mountain Province Diamonds (OTCMKTS:MPVDF) last released 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 net margin of 31.87% and a negative return on equity of 3.67%. The company 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.