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Mountain Province Diamonds Inc. (T:MPVD)

Business Focus: Diamond Mining

Sector:  Basic Materials Industry:  Precious Metals & Minerals
See Regulatory Filings on SEDAR
Company Contact
Address: 161 Bay St Suite 2315,
PO Box 216
Tel: N/A
IR: See website
Key People
Jonathan Christopher James Comerford
Independent Chairman of the Board
Stuart Michael Brown
President, Chief Executive Officer, Director
Perry Ing
Chief Financial Officer
Tom Elden McCandless
Vice President - Exploration
Business Overview
Mountain Province Diamonds Inc. is a resource company. The Company is focused on the mining and marketing of rough diamonds to the global market. The Company holds interests in the GK Diamond Mine. The GK Diamond Mine is located in the Northwest Territories (NWT) of Canada, in the District of Mackenzie, 300 kilometers east-northeast of Yellowknife and 80 kilometers east-southeast of the Snap Lake Mine. The GK Diamond Mine includes various kimberlite deposits, such as 5034, Hearne, Tesla and Tuzo. The GK Diamond Mine covers approximately 10,350 acres. The GK Diamond Mine includes four mining leases (numbers 4341, 4199, 4200 and 4201).
Financial Overview
For the nine months ended 30 September 2019, Mountain Province Diamonds, Inc. revenues decreased 12% to C$211.3M. Net loss totaled C$13M vs. income of C$11.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Derivative (losses) gains decrease from C$4.1M (income) to C$1.1M (expense), Exploration and evaluation expenses increase of 19% to C$7.8M (expense).
Employees: 11 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $621.20M as of Sep 30, 2019
Annual revenue (TTM): $281.78M as of Sep 30, 2019
EBITDA (TTM): $97.51M as of Sep 30, 2019
Net annual income (TTM): -$43.24M as of Sep 30, 2019
Free cash flow (TTM): $55.15M as of Sep 30, 2019
Net Debt Last Fiscal Year: $359.73M as of Sep 30, 2019
Shares outstanding: 210,137,475 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization