Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Sees Large Drop in Short Interest

Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 91,100 shares, a decrease of 27.9% from the February 13th total of 126,400 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 11,800 shares, the days-to-cover ratio is presently 7.7 days.

Mountain Province Diamonds Stock Performance

OTCMKTS:MPVDF traded down $0.00 during trading hours on Friday, hitting $0.04. 2,251 shares of the company traded hands, compared to its average volume of 34,521. The stock has a market capitalization of $9.11 million, a price-to-earnings ratio of -0.13 and a beta of 2.14. Mountain Province Diamonds has a twelve month low of $0.03 and a twelve month high of $0.18. The firm has a 50-day moving average of $0.06 and a 200 day moving average of $0.08. The company has a current ratio of 3.45, a quick ratio of 0.52 and a debt-to-equity ratio of 0.95.

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.