Mountain Province Diamonds Inc. (OTCMKTS:MPVDF – Get Free Report) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 618 shares, a decline of 78.8% from the June 15th total of 2,921 shares. Based on an average daily volume of 89,490 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.
Mountain Province Diamonds Stock Performance
MPVDF traded up $0.00 during midday trading on Friday, reaching $0.01. The company had a trading volume of 63,900 shares, compared to its average volume of 43,088. The business has a 50-day moving average of $0.02 and a two-hundred day moving average of $0.04. The company has a quick ratio of 0.02, a current ratio of 0.77 and a debt-to-equity ratio of 78.50. Mountain Province Diamonds has a 1 year low of $0.01 and a 1 year high of $0.07. The company has a market cap of $2.54 million, a P/E ratio of -0.02 and a beta of 1.14.
Mountain Province Diamonds (OTCMKTS:MPVDF – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.23) earnings per share for the quarter. Mountain Province Diamonds had a negative net margin of 203.32% and a negative return on equity of 404.80%. The company had revenue of $29.15 million for the quarter.
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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