Short Interest in Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Declines By 27.9%

Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) was the target of a significant drop in short interest in 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 trading volume of 11,800 shares, the days-to-cover ratio is presently 7.7 days. Approximately 0.0% of the company’s shares are sold short.

Mountain Province Diamonds Stock Up 10.5 %

Shares of OTCMKTS MPVDF traded up $0.00 during midday trading on Monday, reaching $0.05. 32,333 shares of the company’s stock traded hands, compared to its average volume of 34,326. The company has a quick ratio of 0.52, a current ratio of 3.45 and a debt-to-equity ratio of 0.95. The stock’s 50 day simple moving average is $0.06 and its 200-day simple moving average is $0.08. Mountain Province Diamonds has a one year low of $0.03 and a one year high of $0.18. The company has a market cap of $10.07 million, a price-to-earnings ratio of -0.14 and a beta of 2.14.

Mountain Province Diamonds Company Profile

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.