Short Interest in Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Rises By 67.3%

Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) was the recipient of a large increase in short interest during the month of 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 daily volume of 147,100 shares, the days-to-cover ratio is presently 1.1 days.

Mountain Province Diamonds Price Performance

MPVDF opened at $0.13 on Friday. The firm has a market cap of $26.59 million, a PE ratio of -0.72 and a beta of 2.00. The company has a debt-to-equity ratio of 0.85, a current ratio of 3.72 and a quick ratio of 0.74. Mountain Province Diamonds has a 1 year low of $0.12 and a 1 year high of $0.41. The stock has a 50-day moving average price of $0.16 and a 200-day moving average price of $0.18.

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

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.