Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Short Interest Up 31.3% in March

Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 90,100 shares, an increase of 31.3% from the March 15th total of 68,600 shares. Based on an average daily volume of 24,000 shares, the short-interest ratio is presently 3.8 days. Currently, 0.0% of the company’s shares are sold short.

Mountain Province Diamonds Trading Down 6.2 %

MPVDF traded down $0.00 during trading on Friday, hitting $0.04. 222 shares of the stock were exchanged, compared to its average volume of 25,517. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.52 and a current ratio of 3.45. The firm has a market cap of $8.88 million, a price-to-earnings ratio of -0.12 and a beta of 1.67. The firm has a 50 day simple moving average of $0.04 and a 200 day simple moving average of $0.07. Mountain Province Diamonds has a 1 year low of $0.03 and a 1 year high of $0.17.

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

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.