Mountain Province Diamonds Inc. (OTCMKTS:MPVDF – Get Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 1,118 shares, an increase of 80.9% from the June 30th total of 618 shares. Based on an average daily volume of 42,794 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.
Mountain Province Diamonds Stock Up 33.3%
OTCMKTS:MPVDF traded up $0.00 during midday trading on Friday, reaching $0.00. 118,333 shares of the stock traded hands, compared to its average volume of 52,272. The business has a 50-day moving average of $0.02 and a two-hundred day moving average of $0.04. Mountain Province Diamonds has a 12-month low of $0.00 and a 12-month high of $0.07. The stock has a market capitalization of $85,952.00, a PE ratio of -0.00 and a beta of 1.14. The company has a debt-to-equity ratio of 78.50, a quick ratio of 0.02 and a current ratio of 0.77.
Mountain Province Diamonds (OTCMKTS:MPVDF – Get Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.23) earnings per share for the quarter. The business had revenue of $29.15 million for the quarter. Mountain Province Diamonds had a negative return on equity of 404.80% and a negative net margin of 203.32%.
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.
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