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Mountain Province Diamonds (MPVDF) AI Stock Analysis
Mountain Province Diamonds
(Other OTC:MPVDF)
Overall score is weighed down primarily by very weak financial performance—deep losses, negative equity, high debt, and negative operating/free cash flow. Valuation metrics offer limited support due to a negative P/E and no dividend yield data, while technical signals cannot be evaluated from the provided indicators.
Mountain Province Diamonds (MPVDF) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $212.61K
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- -0.0
- Beta (1Y)
- 2.79
- Revenue Growth
- -21.19%
- EPS Growth
- -158.64%
- Country
- US
- Employees
- 7
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Mountain Province Diamonds Business Overview & Revenue Model
Company Description
Mountain Province Diamonds Inc. focuses on the mining and marketing of rough diamonds worldwide. The company holds a 49% interest in the Gahcho Kué mine located in Northwest Territories, Canada; and 100% of the mineral rights of the Kennady North loc...
How the Company Makes Money
Mountain Province primarily makes money by selling its share of rough diamonds produced from the Gahcho Kué mine. Revenue is generated when diamonds are recovered from ore at the mine and then sold (typically via periodic sales/“tenders” or similar s...
Mountain Province Diamonds Earnings Call Summary
The call presented a mixed operational picture: strong safety performance, record carat recovery and dramatically improved cost-per-carat driven by exceptionally high grades are clear operational positives. However, these were outweighed by severe market-driven price weakness (avg price per carat down ~53%), widened net losses (net loss nearly doubled), negative adjusted EBITDA, cash outflows, and growing working capital and payable demands that have required stakeholder support and short-term covenant/term extensions. Liquidity and pricing remain the primary risks to near-term financial stability.
Q1-2026 Updates
Positive Updates
Negative Updates
Company Guidance
The call’s guidance was largely operational and liquidity-focused: management will prioritize safety (approaching a full year LTI‑free), cash conservation and working‑capital solutions (short‑term term‑loan, working capital facility and bridge‑loan repayment dates extended to June 30, 2026 and Mr. Desmond agreed to extend repayment/advance working capital), while exploring the LETL program and other options; De Beers agreed to extend in‑kind election notice dates for amounts totalling CAD 130M and drew CAD 33M from restricted cash. Operationally, Q1 delivered a record >2.0 million carats produced with grade 2.64 ct/t (vs 0.82 ct/t in Q1 2025) despite tons treated of ~759,000 (down ~18% YoY) and a pause of Tuzo mining/stripping to preserve cash; sales cadence was two sales in Q1 with management expecting three sales in Q2. Financially, key metrics to note as the company navigates the weak price environment: working capital of -CAD 63.1M, inventories CAD 206M (768,000 carats on hand; consumables up CAD 47M including 55 million litres of fuel), ore stockpile ~2.28M tons valued ~CAD 53.5M, accounts payable CAD 169M (cash calls to De Beers CAD 81M at Q1 end and ~CAD 123M by Apr 30), Q1 revenue CAD 40M (858,000 carats sold at ~US$34/ct / CAD 47/ct), production costs CAD 50.5M, adjusted EBITDA -CAD 0.6M (margin -2%), mine operating loss CAD 36M, net loss CAD 65.1M (EPS -CAD 0.31), operating cash outflow CAD 18M, and finance expense CAD 23M; management emphasized that H1 has the most acute cash pressure with conditions easing into H2.
Mountain Province Diamonds Financial Statement Overview
Summary
Financial statement signals are highly stressed: profitability has deteriorated into deep losses (net losses exceeding revenue), the balance sheet shows negative stockholders’ equity with high total debt (~$485M TTM), and both operating cash flow and free cash flow are negative in TTM—indicating ongoing cash burn and elevated solvency/refinancing risk.
Income Statement
12Very NegativeBalance Sheet
9Very NegativeCash Flow
18Very Negative| Breakdown | TTM | Mar 2026 | Dec 2024 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 158.48M | 155.60M | 267.67M | 328.63M | 388.85M | 308.72M |
| Gross Profit | -209.51M | -157.47M | 93.21M | 173.00M | 170.53M | 113.73M |
| EBITDA | -94.37M | -62.49M | 76.63M | 69.53M | 159.25M | 133.00M |
| Net Income | -393.33M | -279.31M | -80.83M | -43.67M | 49.20M | 276.17M |
Balance Sheet | ||||||
| Total Assets | 644.64M | 766.12M | 838.54M | 856.85M | 898.54M | 877.50M |
| Cash, Cash Equivalents and Short-Term Investments | 141.06K | 2.33M | 11.56M | 29.67M | 17.25M | 25.00M |
| Total Debt | 485.28M | 445.14M | 352.37M | 306.88M | 317.40M | 376.04M |
| Total Liabilities | 822.80M | 761.68M | 557.58M | 495.85M | 491.38M | 526.76M |
| Stockholders Equity | -178.15M | 4.44M | 280.96M | 361.00M | 407.16M | 350.74M |
Cash Flow | ||||||
| Free Cash Flow | -111.60M | -131.39M | -1.03M | 60.11M | 112.20M | 68.76M |
| Operating Cash Flow | -62.21M | -19.61M | 79.43M | 143.41M | 172.63M | 112.58M |
| Investing Cash Flow | -17.87M | -114.38M | -80.33M | -82.52M | -64.64M | -53.74M |
| Financing Cash Flow | 78.87M | 129.93M | -15.95M | -47.07M | -115.50M | -69.79M |
Mountain Province Diamonds Peers Comparison
Overall Rating
TSE:LUC47Neutral- MPVDF44Neutral
TSE:TAI43Neutral
TSE:DMI28.7Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TSE:LUC | 47Neutral | CAD 179.39M | 2.76 | 4.15% | ― | -25.23% | -71.50% |
| MPVDF | 44Neutral | $212.61K | -0.01 | -397.12% | ― | -21.19% | -158.64% |
| TSE:TAI | 43Neutral | CAD 1.45M | -21.43 | -496.81% | ― | ― | 69.39% |
| TSE:DMI | 29Underperform | CAD 1.69M | -0.25 | 377.58% | ― | ― | ― |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| MPVDF | Mountain Province Diamonds Inc. | 0.01 | -0.01 | -50.00% | |
| TSE:DMI | Diamcor Mining Inc. | 0.01 | 0.00 | 0.00% | |
| TSE:LUC | Lucara Diamond | 0.12 | -0.07 | -36.84% | |
| TSE:TAI | Talmora Diamond | 0.01 | -0.01 | -25.00% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 24, 2026