Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 267.67M | 328.63M | 388.85M | 308.72M | 226.99M |
Gross Profit | 93.21M | 173.00M | 170.53M | 113.73M | -1.49M |
EBITDA | 79.33M | 72.23M | 177.24M | 368.81M | -159.33M |
Net Income | -80.83M | -43.67M | 49.20M | 276.17M | -263.43M |
Balance Sheet | |||||
Total Assets | 838.54M | 932.21M | 898.54M | 877.50M | 595.33M |
Cash, Cash Equivalents and Short-Term Investments | 11.56M | 29.67M | 17.25M | 25.00M | 35.15M |
Total Debt | 352.37M | 306.88M | 317.40M | 376.04M | 407.69M |
Total Liabilities | 557.58M | 571.21M | 491.38M | 526.76M | 521.63M |
Stockholders Equity | 280.96M | 361.00M | 407.16M | 350.74M | 73.70M |
Cash Flow | |||||
Free Cash Flow | -1.03M | 60.11M | 112.20M | 68.76M | 12.91M |
Operating Cash Flow | 79.43M | 143.41M | 172.63M | 112.58M | 51.75M |
Investing Cash Flow | -80.33M | -85.15M | -64.64M | -53.74M | -53.69M |
Financing Cash Flow | -15.95M | -47.07M | -115.50M | -69.79M | 2.01M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
62 Neutral | C$106.44M | 1.61 | 19.74% | ― | 14.23% | ― | |
50 Neutral | C$2.14M | ― | -1087.65% | ― | ― | -17.78% | |
46 Neutral | C$11.68M | ― | -39.12% | ― | -23.22% | -87.05% | |
44 Neutral | C$999.92M | -6.64 | -13.68% | 1.83% | 17.55% | -32.71% | |
29 Underperform | $2.53M | ― | 107.68% | ― | ― | ― | |
24 Underperform | C$934.57K | ― | -1207.18% | ― | ― | 83.91% |
Mountain Province Diamonds Inc. announced a correction to its previously reported average selling price per carat for the second quarter of 2024. The corrected average selling price is CA$102 per carat (US$74 per carat), down from the initially reported CA$166 per carat (US$124 per carat). This correction does not affect any other information from the earlier release, but it may impact stakeholders’ perception of the company’s financial performance for that period.
Mountain Province Diamonds reported a significant decrease in production and sales for Q2 2025, with carats recovered dropping by 46% compared to the previous year. Despite operational challenges due to low-grade stockpiles, the company plans to ramp up production from the NEX orebody, expecting improved grades in the coming months. The company remains optimistic about its mining performance, having mined 32% more total tonnes than in Q2 2024, and is preparing for a steady increase in production in Q3.
Mountain Province Diamonds announced the results of its 2025 annual and special shareholder meeting, where a CAD$33 million working capital facility with Dunebridge Worldwide Ltd. was approved. The facility, which is part of a bridge credit agreement, will be used on a revolving basis to support the company’s operations. Shareholders also elected directors and re-appointed KPMG as auditor, indicating continued stability and governance for the company.
Mountain Province Diamonds Inc. has announced an amended and restated bridge credit facility agreement to secure a CAD$33 million working capital facility with Dunebridge Worldwide Ltd. This facility is crucial for the company’s 2025 funding strategy, addressing immediate financial needs with an initial drawdown of USD7 million. The transaction, involving related parties, has received conditional approval from the Toronto Stock Exchange, and the company plans to seek further shareholder approval at an upcoming meeting. This move highlights the company’s efforts to stabilize its financial position amid serious financial difficulties.
Mountain Province Diamonds reported its financial results for Q1 2025, highlighting a challenging quarter with a net loss of $34.4 million and a significant decrease in carats recovered compared to the previous year. Despite a depressed diamond market, the company improved its mining efficiency and anticipates accessing higher grade ore earlier than planned, which may positively impact future operations. The company also completed refinancing transactions to address financial obligations and secure additional working capital, with strong support from major stakeholders.
Mountain Province Diamonds has announced the mailing of meeting materials for its upcoming annual and special shareholder meeting, where a key agenda item is the approval of a CAD33 million working capital facility from Dunebridge Worldwide Ltd., a related party. This facility is intended to support the company’s cash flow needs and operational expenses at the Gahcho Kué diamond mine through 2025, following recent refinancing transactions. The facility includes specific financial terms and conditions, and its approval is crucial for the company’s ongoing financial stability.
Mountain Province Diamonds reported a significant decrease in production for the first quarter of 2025, with carats recovered dropping by 40% compared to the same period last year. The company attributed the lower production to treating low-grade stockpiles while focusing on stripping waste to access the high-grade NEX orebody. Despite this, the total tonnes mined increased by 28%, and the company plans to improve grades by the end of the second quarter. The sales results also showed a decline, with fewer carats sold compared to Q1 2024, although the average price per carat increased slightly.