Short Interest in Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Rises By 53.7%

Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,718 shares, a growth of 53.7% from the July 15th total of 1,118 shares. Based on an average trading volume of 83,449 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Mountain Province Diamonds Stock Down 100.0%

Mountain Province Diamonds has a 1 year low of $0.00 and a 1 year high of $0.07. The company has a current ratio of 0.77, a quick ratio of 0.02 and a debt-to-equity ratio of 78.50. The company has a fifty day simple moving average of $0.01 and a 200-day simple moving average of $0.03.

Mountain Province Diamonds Company Profile

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.