Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Short Interest Down 27.9% in February

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

Mountain Province Diamonds Trading Up 10.5 %

Shares of OTCMKTS MPVDF traded up $0.00 during midday trading on Tuesday, hitting $0.05. The stock had a trading volume of 32,333 shares, compared to its average volume of 34,326. The firm has a market cap of $10.07 million, a P/E ratio of -0.14 and a beta of 2.14. Mountain Province Diamonds has a fifty-two week low of $0.03 and a fifty-two week high of $0.18. 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 simple moving average is $0.06 and its 200 day simple moving average is $0.08.

Mountain Province Diamonds Company Profile

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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.

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