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

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

Mountain Province Diamonds Stock Performance

Shares of MPVDF stock opened at $0.13 on Friday. Mountain Province Diamonds has a 12-month low of $0.12 and a 12-month high of $0.41. The firm has a market capitalization of $26.59 million, a price-to-earnings ratio of -0.72 and a beta of 2.00. The business has a 50 day simple moving average of $0.16 and a 200 day simple moving average of $0.18. 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 (OTCMKTS:MPVDF) last issued its quarterly earnings data on Monday, April 1st. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $58.60 million during the quarter. Mountain Province Diamonds had a positive return on equity of 6.97% and a negative net margin of 14.29%.

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.