Mountain Province Diamonds Inc. (OTCMKTS:MPVDF – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 618 shares, a decrease of 78.8% from the June 15th total of 2,921 shares. Based on an average trading volume of 89,490 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.
Mountain Province Diamonds Stock Up 11.3%
Mountain Province Diamonds stock traded up $0.00 during mid-day trading on Friday, reaching $0.01. The stock had a trading volume of 63,900 shares, compared to its average volume of 43,088. The company has a market capitalization of $2.54 million, a price-to-earnings ratio of -0.02 and a beta of 1.14. The company has a 50-day moving average price of $0.02 and a two-hundred day moving average price of $0.04. Mountain Province Diamonds has a one year low of $0.01 and a one year high of $0.07. The company has a debt-to-equity ratio of 78.50, a current ratio of 0.77 and a quick ratio of 0.02.
Mountain Province Diamonds (OTCMKTS:MPVDF – Get Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($0.23) earnings per share for the quarter. The firm had revenue of $29.15 million for the quarter. Mountain Province Diamonds had a negative net margin of 203.32% and a negative return on equity of 404.80%.
About Mountain Province Diamonds
Mountain Province Diamonds Inc is a Canadian-based diamond producer primarily engaged in the development, operation and marketing of rough diamonds. The company holds a 49% interest in the Gahcho Kué Diamond Mine, one of the world’s largest new diamond deposits, located in the Northwest Territories of Canada. Through its joint venture with De Beers Canada, Mountain Province Diamonds contributes to the extraction and sale of high?quality gem and near?gem diamonds suited for global jewelry markets.
The Gahcho Kué mine commenced commercial production in the mid-2010s and draws ore from multiple kimberlite pipes near Kennady Lake.
Recommended Stories
- Five stocks we like better than Mountain Province Diamonds
- Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs
- Power Struggle: Wolfspeed Sues Navitas Over AI Chips
- Why WD-40 Is Proving Great Businesses Never Go Out of Style
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
Receive News & Ratings for Mountain Province Diamonds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mountain Province Diamonds and related companies with MarketBeat.com's FREE daily email newsletter.
