Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Short Interest Up 44.5% in February

Mountain Province Diamonds Inc. (OTCMKTS:MPVDFGet Free Report) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 126,400 shares, an increase of 44.5% from the January 31st total of 87,500 shares. Based on an average daily volume of 105,300 shares, the days-to-cover ratio is presently 1.2 days.

Mountain Province Diamonds Trading Up 2.4 %

Shares of OTCMKTS MPVDF traded up $0.00 during trading hours on Tuesday, hitting $0.04. 4,373 shares of the company traded hands, compared to its average volume of 30,203. The stock has a market capitalization of $9.15 million, a price-to-earnings ratio of -0.13 and a beta of 2.06. The company has a current ratio of 3.45, a quick ratio of 0.52 and a debt-to-equity ratio of 0.95. The company’s 50 day moving average price is $0.06 and its 200 day moving average price is $0.09. Mountain Province Diamonds has a 12 month low of $0.04 and a 12 month high of $0.22.

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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