Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Short Interest Update

Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 65,249 shares, a decrease of 65.4% from the January 29th total of 188,828 shares. Based on an average daily trading volume, of 79,666 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 79,666 shares, the days-to-cover ratio is currently 0.8 days.

Mountain Province Diamonds Stock Performance

Shares of OTCMKTS:MPVDF traded up $0.00 on Friday, reaching $0.06. 1,500 shares of the company’s stock were exchanged, compared to its average volume of 26,308. The company has a current ratio of 0.87, a quick ratio of 0.04 and a debt-to-equity ratio of 2.23. The company has a market capitalization of $12.76 million, a price-to-earnings ratio of -0.09 and a beta of 1.19. The company has a fifty day moving average of $0.05 and a 200-day moving average of $0.04. Mountain Province Diamonds has a twelve month low of $0.02 and a twelve month high of $0.07.

About Mountain Province Diamonds

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.