Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Sees Large Drop in Short Interest

Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 91,100 shares, a decrease of 27.9% from the February 13th total of 126,400 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 11,800 shares, the short-interest ratio is presently 7.7 days.

Mountain Province Diamonds Stock Performance

Shares of OTCMKTS MPVDF traded down $0.00 during trading hours on Friday, hitting $0.04. 2,251 shares of the stock were exchanged, compared to its average volume of 34,521. 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 50 day moving average is $0.06 and its 200 day moving average is $0.08. The firm has a market capitalization of $9.11 million, a P/E ratio of -0.13 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.

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.