Mountain Province Diamonds Inc. (OTCMKTS:MPVDF – Get Free Report) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 2,921 shares, a decline of 66.9% from the May 31st total of 8,821 shares. Based on an average daily volume of 136,242 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.
Mountain Province Diamonds Stock Performance
Shares of OTCMKTS:MPVDF remained flat at $0.02 during trading on Friday. The stock has a market cap of $4.17 million, a price-to-earnings ratio of -0.03 and a beta of 1.07. Mountain Province Diamonds has a 12 month low of $0.01 and a 12 month high of $0.07. The company has a debt-to-equity ratio of 78.50, a quick ratio of 0.02 and a current ratio of 0.77. The firm has a 50-day moving average price of $0.03 and a 200 day moving average price of $0.04.
Mountain Province Diamonds (OTCMKTS:MPVDF – Get Free Report) last issued its earnings results on Tuesday, May 12th. The company reported ($0.23) EPS for the quarter. Mountain Province Diamonds had a negative return on equity of 404.80% and a negative net margin of 203.32%.The firm had revenue of $29.15 million during 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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