Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Short Interest Down 24.7% in March

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

Mountain Province Diamonds Stock Performance

Shares of MPVDF opened at $0.05 on Friday. 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 company’s fifty day moving average price is $0.05 and its 200 day moving average price is $0.08. The company has a market capitalization of $9.83 million, a PE ratio of -0.14 and a beta of 2.14. Mountain Province Diamonds has a one year low of $0.03 and a one year high of $0.18.

Mountain Province Diamonds (OTCMKTS:MPVDF) last announced its earnings results on Wednesday, March 26th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.08). The company had revenue of $37.16 million for the quarter. Mountain Province Diamonds had a negative return on equity of 3.67% and a negative net margin of 31.87%.

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.