Mountain Province Diamonds (MPVD) AI Stock Analysis

• Market Cap: $8.49M
• Dividend Yield: N/A
• Average Volume (3M): 124.82K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.98
• Revenue Growth: -29.37%
• EPS Growth: -71.84%
• Country: CA
• Employees: 8
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): -0.18
• Shares Outstanding: 212,360,340
• 10 Day Avg. Volume: 103,243
• 30 Day Avg. Volume: 124,824
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.09
• Price to Sales (P/S): 0.09
• P/FCF Ratio: -23.69
• Enterprise Value/Market Cap: 49.44
• Enterprise Value/Revenue: 2.08
• Enterprise Value/Gross Profit: -42.57
• Enterprise Value/Ebitda: -16.58
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

Mountain Province Diamonds faces significant financial and market challenges. The most impactful factors are the company's poor financial performance and weak technical indicators, which suggest ongoing difficulties in maintaining profitability and market momentum. The negative valuation metrics further highlight the stock's unattractiveness. While there are operational improvements, they are insufficient to offset the broader financial and market issues.

Mountain Province Diamonds Business Overview & Revenue Model

Company Description

Mountain Province Diamonds (MPVD) is a Canadian diamond mining company primarily engaged in the exploration, development, and production of diamonds. Based in Toronto, Ontario, the company operates the Gahcho Kué diamond mine, located in the Northwest Territories of Canada. This mine is one of the largest new diamond mines to be developed in the last decade and is a joint venture with De Beers Canada. MPVD focuses on the sustainable extraction of high-quality diamonds, contributing to the Canadian mining sector while adhering to environmental and social governance practices.

How the Company Makes Money

Mountain Province Diamonds generates revenue primarily through the sale of rough diamonds produced from its Gahcho Kué mine. The company sells diamonds to various buyers, including diamond manufacturers and traders, through regular sales events and tenders. The pricing of diamonds is influenced by factors such as carat weight, quality, and market demand. Additionally, MPVD benefits from its partnership with De Beers, which not only provides operational support but also enhances market access. The company may also engage in strategic partnerships and joint ventures to optimize resource extraction and increase production capacity, contributing further to its revenue streams.

Mountain Province Diamonds Financial Statement Overview

Summary

Mountain Province Diamonds is facing significant financial challenges. The income statement shows declining revenues and substantial losses, with negative profit margins. The balance sheet indicates high leverage and negative returns on equity, while cash flow analysis reveals difficulties in generating positive cash flows. These factors highlight the company's struggle to maintain profitability and financial stability.

Income Statement

Mountain Province Diamonds has faced significant challenges in its income statement. The TTM data shows a negative gross profit margin of -4.88% and a net profit margin of -75.80%, indicating substantial losses. Revenue has declined by 8.99% in the TTM period, following a trend of decreasing revenues over the past few years. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies. These factors highlight the company's struggle to maintain profitability and growth.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.78 in the TTM period, suggesting significant leverage and potential financial risk. The return on equity is negative, at -56.49%, indicating that the company is not generating returns for its shareholders. However, the equity ratio is relatively stable, showing that equity still constitutes a significant portion of the company's assets. Overall, the balance sheet reflects financial instability and high leverage.

Cash Flow

Cash flow analysis shows mixed results. The operating cash flow to net income ratio is 0.28, indicating some ability to generate cash from operations despite net losses. However, the free cash flow is negative, and the free cash flow to net income ratio is -1.46, highlighting cash flow challenges. Although there was a slight improvement in free cash flow growth, the overall cash flow position remains weak, reflecting the company's struggle to generate positive cash flows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	202.23M	267.67M	328.63M	388.85M	308.72M	226.99M
Gross Profit	-9.87M	93.21M	173.00M	170.53M	152.90M	-1.49M
EBITDA	-25.32M	79.33M	72.23M	197.99M	376.85M	-165.40M
Net Income	-153.29M	-80.83M	-43.67M	49.20M	276.17M	-263.43M
Balance Sheet
Total Assets	832.19M	838.54M	932.21M	898.54M	877.50M	595.33M
Cash, Cash Equivalents and Short-Term Investments	1.66M	11.56M	29.67M	17.25M	25.00M	35.15M
Total Debt	377.46M	352.37M	306.88M	317.40M	376.04M	407.69M
Total Liabilities	620.30M	557.58M	571.21M	491.38M	526.76M	521.63M
Stockholders Equity	211.89M	280.96M	361.00M	407.16M	350.74M	73.70M
Cash Flow
Free Cash Flow	-68.18M	-1.03M	60.11M	112.20M	68.76M	12.91M
Operating Cash Flow	46.78M	79.43M	143.41M	172.63M	112.58M	51.75M
Investing Cash Flow	-115.38M	-80.33M	-85.15M	-64.64M	-53.74M	-53.69M
Financing Cash Flow	72.83M	-15.95M	-24.32M	-115.50M	-69.79M	2.01M

Mountain Province Diamonds Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MPVD, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.94 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MPVD.

Mountain Province Diamonds Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LUC	67 Neutral	C$81.90M	1.19	19.39%	―	15.28%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
TAI	50 Neutral	C$1.71M	―	-1788.10%	―	―	―
MPVD	40 Neutral	$8.49M	-0.06	-52.25%	―	-29.37%	-71.84%
DMI	29 Underperform	C$1.69M	―	―	―	―	―
DIA	24 Underperform	C$1.50M	-2.95	―	―	―	78.10%

Mountain Province Diamonds Corporate Events

Mountain Province Diamonds Reports Q3 2025 Production Decline and Revised Guidance

Mountain Province Diamonds reported a decrease in diamond production and sales for the third quarter of 2025, with a 16% drop in carats recovered compared to the previous year. The company revised its annual guidance downward due to lower than expected grades from ore stockpiles, resulting in increased production costs. Despite these challenges, the company anticipates higher production in the fourth quarter and 2026 due to accessing higher-grade ore. The diamond market remains impacted by trade tensions between the United States and India, affecting pricing.

Mountain Province Diamonds Faces Financial Challenges Amid Operational Gains

The recent earnings call for Mountain Province Diamonds Inc. painted a complex picture of the company’s current standing. While there were notable achievements in safety and operational efficiency, these were overshadowed by significant financial challenges. The sentiment during the call was predominantly negative, driven by declining diamond grades, reduced revenue, and a substantial financial loss, compounded by a weak diamond market and cash flow issues.

Mountain Province Diamonds Faces Challenges in Q2 2025

Mountain Province Diamonds Inc., a key player in the diamond mining industry, operates the Gahcho Kué Diamond Mine in Canada’s Northwest Territories, in partnership with De Beers Canada. The company is also involved in exploring and developing additional mineral resources in the surrounding areas.

Mountain Province Diamonds Faces Challenges Amid Market Uncertainty in Q2 2025

Mountain Province Diamonds reported a challenging second quarter of 2025 with a net loss of $37.7 million, attributed to lower-than-expected diamond grades and market uncertainties exacerbated by recent U.S. tariffs. Despite operational improvements and a record ore throughput, the company faced a decline in carat recovery and average realized diamond prices, impacting financial performance. The company remains focused on operational discipline and cost control while navigating a fragile diamond market.