Mountain Province Diamonds Inc., through its subsidiaries, focuses on the mining and marketing of rough diamonds worldwide.
Reasonable growth potential and fair value.
Share Price & News
How has Mountain Province Diamonds's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MPVD has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: MPVD underperformed the Canadian Metals and Mining industry which returned 2.2% over the past year.
Return vs Market: MPVD underperformed the Canadian Market which returned -2% over the past year.
Price Volatility Vs. Market
How volatile is Mountain Province Diamonds's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StIf You Had Bought Mountain Province Diamonds (TSE:MPVD) Stock Three Years Ago, You'd Be Sitting On A 78% Loss, Today
1 month ago | Simply Wall StHave Insiders Been Buying Mountain Province Diamonds Inc. (TSE:MPVD) Shares?
2 months ago | Simply Wall StMountain Province Diamonds (TSE:MPVD) Has A Mountain Of Debt
Is Mountain Province Diamonds undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MPVD (CA$1.02) is trading below our estimate of fair value (CA$5.48)
Significantly Below Fair Value: MPVD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MPVD is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: MPVD is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MPVD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MPVD is good value based on its PB Ratio (0.5x) compared to the CA Metals and Mining industry average (1.5x).
How is Mountain Province Diamonds forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MPVD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.4%).
Earnings vs Market: MPVD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MPVD's is expected to become profitable in the next 3 years.
Revenue vs Market: MPVD's revenue (11.5% per year) is forecast to grow faster than the Canadian market (4.7% per year).
High Growth Revenue: MPVD's revenue (11.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MPVD's Return on Equity is forecast to be low in 3 years time (3.5%).
How has Mountain Province Diamonds performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MPVD is currently unprofitable.
Growing Profit Margin: MPVD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MPVD is unprofitable, but has reduced losses over the past 5 years at a rate of 8.7% per year.
Accelerating Growth: Unable to compare MPVD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MPVD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).
Return on Equity
High ROE: MPVD has a negative Return on Equity (-9.57%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Mountain Province Diamonds's financial position?
Financial Position Analysis
Short Term Liabilities: MPVD's short term assets (CA$143.6M) exceed its short term liabilities (CA$50.4M).
Long Term Liabilities: MPVD's short term assets (CA$143.6M) do not cover its long term liabilities (CA$451.2M).
Debt to Equity History and Analysis
Debt Level: MPVD's debt to equity ratio (85.4%) is considered high.
Reducing Debt: Insufficient data to determine if MPVD's debt to equity ratio has reduced over the past 5 years.
Inventory Level: MPVD has a high level of physical assets or inventory.
Debt Coverage by Assets: MPVD's debt is not covered by short term assets (assets are 0.4x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MPVD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MPVD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.2% per year.
What is Mountain Province Diamonds's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MPVD's dividend (3.92%) is higher than the bottom 25% of dividend payers in the Canadian market (2.07%).
High Dividend: MPVD's dividend (3.92%) is low compared to the top 25% of dividend payers in the Canadian market (5.91%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MPVD has been paying a dividend for less than 10 years.
Growing Dividend: MPVD has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: Unable to calculate sustainability of dividends as MPVD has not reported any payouts.
Future Payout to Shareholders
Future Dividend Coverage: MPVD is not forecast to pay a dividend in 3 years.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stuart Brown (55yo)
Mr. Stuart Michael Brown has been President, Chief Executive Officer and Director of Mountain Province Diamonds Inc. since July 1, 2018. Mr. Brown served as the Chief Executive Officer of Firestone Diamond ...
CEO Compensation Analysis
Compensation vs Market: Stuart's total compensation ($USD541.46K) is about average for companies of similar size in the Canadian market ($USD687.59K).
Compensation vs Earnings: Insufficient data to compare Stuart's compensation with company performance.
|VP of Finance||3yrs||CA$473.00k||0.047% CA$100.0k|
|Vice President of Exploration||1.3yrs||CA$195.00k||no data|
|Vice President of Diamond Marketing||4.3yrs||CA$525.00k||0.036% CA$76.5k|
|Vice President of Corporate Development & Technical services||1.1yrs||no data||no data|
|Controller||0yrs||no data||no data|
Experienced Management: MPVD's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
|Senior Non Executive Director||1.6yrs||CA$510.00k||0.13% CA$283.0k|
|Non Executive Chairman||13.8yrs||CA$50.00k||0.16% CA$350.4k|
|Independent Director||0.7yrs||no data||no data|
|Independent Director||0.7yrs||no data||no data|
|Independent Director||3.3yrs||CA$35.00k||0.026% CA$56.1k|
|Director||0.7yrs||no data||0.17% CA$359.7k|
Experienced Board: MPVD's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.5%.
Mountain Province Diamonds Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Mountain Province Diamonds Inc.
- Ticker: MPVD
- Exchange: TSX
- Founded: 1986
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: CA$214.600m
- Shares outstanding: 210.39m
- Website: https://www.mountainprovince.com
Number of Employees
- Mountain Province Diamonds Inc.
- TD Canada Trust Tower
- Brookfield Place
- M5J 2S1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MPVD.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Oct 1988|
|MPVD||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Oct 1988|
|MPG||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Oct 1988|
|0V7X||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Oct 1988|
Mountain Province Diamonds Inc., through its subsidiaries, focuses on the mining and marketing of rough diamonds worldwide. Its primary asset is its 49% interest in the Gahcho Kué diamond mine located in the Northwest Territories, Canada. The company was formerly known as Mountain Province Mining Inc. and changed its name to Mountain Province Diamonds Inc. in October 2000. Mountain Province Diamonds Inc. was founded in 1986 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 00:35|
|End of Day Share Price||2020/02/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.