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Mountain Province Diamonds (MPVDF)
OTHER OTC:MPVDF
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.02Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: -20.00%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
Despite operational improvements and early access to a higher-grade ore body, financial results were negatively impacted by lower sales, revenue decline, and higher production costs. However, successful refinancing and market optimism provide a positive outlook.Company Guidance
During the Mountain Province Diamonds Inc. Q1 2025 conference call, CEO Mark Wall highlighted several key metrics and insights. The Gahcho Kué mine maintained a strong safety record, having worked over 3.85 million hours without a lost time injury, and the total recordable injury frequency rate improved by 66% from the previous year to 2.14. Operationally, the mine experienced a 15% increase in total tonnes treated and a 28% rise in total tonnes mined compared to Q1 2024. However, the quarter faced challenges, with a low adjusted EBITDA of $6.1 million due to lower grades and depressed pricing. Despite this, early access to the higher-grade NEX ore body was achieved, promising better future yields. Financially, the company saw $44 million in turnover from 426,000 carats sold at an average price of US$72 per carat, significantly down from Q1 2024. The company also secured a refinancing arrangement, extending its second lien notes to December 2027 and announcing a new working capital facility of CAD 33 million. Reid Mackie noted a stabilization and slight rise in diamond prices and market optimism for 2025, despite ongoing tariff uncertainties. Overall, the company remains focused on safety, production, and cost control to navigate the challenging market environment.Safety Milestone Achieved
Gahcho Kué operations have continued lost time injury-free and have now worked more than 3.85 million hours without a lost time injury, with an improvement of around 66% from last year in the total recordable injury frequency rate.
Operational Efficiency Improvement
Total tonnes treated in Q1 2025 improved by 15% from the same period in 2024, and the total tonnes mined increased by 28% in the quarter compared to Q1 2024.
Early Access to High-Grade NEX Ore Body
Achieved early access to the NEX ore body, which is expected to improve grades with NEX returning double or triple the grade currently being processed.
Diamond Market Optimism
Positive developments in the diamond market, with expectations that the turbulence in global markets will stabilize as 2025 progresses.
Refinancing Success
Closure of refinancing transactions to address reclamation liabilities and extend the term of second lien notes to December 2027, providing immediate capital injection.
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MPVDF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MPVDF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | $0.05 | $0.05 | 0.00% |
Mar 26, 2025 | $0.04 | $0.04 | 0.00% |
Nov 07, 2024 | $0.10 | $0.09 | -10.00% |
Aug 07, 2024 | $0.09 | $0.09 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Mountain Province Diamonds (MPVDF) report earnings?
Mountain Province Diamonds (MPVDF) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Mountain Province Diamonds (MPVDF) earnings time?
Mountain Province Diamonds (MPVDF) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MPVDF EPS forecast?
Currently, no data Available
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