Duyuru • May 02
Mountain Province Diamonds Inc. to Report Q1, 2026 Results on May 12, 2026 Mountain Province Diamonds Inc. announced that they will report Q1, 2026 results After-Market on May 12, 2026 Duyuru • Apr 23
Mountain Province Diamonds Inc., Annual General Meeting, Jun 30, 2026 Mountain Province Diamonds Inc., Annual General Meeting, Jun 30, 2026. Duyuru • Nov 08
Mountain Province Diamonds Inc. Updates Production Guidance for the Year 2025 Mountain Province Diamonds Inc. updated production guidance for the year 2025. For the year, the company expects the reduction in carats recovered, is due to lower than planned grade from the ore stockpile material treated, resulting in a revised guidance range of 4.0 million to 4.2 million carats recovered, compared to previous guidance of 4.3 million to 4.7 million carats recovered. In respect of production costs, although operating costs remain largely in line with budget, the combination of lower carats recovered and the release of previously capitalised costs into production costs as ore stockpile tonnes reduce, pushed the production costs per carat beyond the top end of guidance, with a revised guidance range of $125 per carrot recovered– $130 per carat recovered, compared to original guidance of $92 per carot recovered– $107 per carat recovered. The reduction in the tonnes of ore stockpile, similarly, explains the revised guidance range of $145 per tonne treated – $155 per tonne treated, compared to original guidance of $120 per tonne treated– $137 per tonne treated. Duyuru • Nov 07
Mountain Province Diamonds Inc. to Report Q3, 2025 Results on Nov 11, 2025 Mountain Province Diamonds Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 11, 2025 Duyuru • Jul 11
Mountain Province Diamonds Inc. to Report Q2, 2025 Results on Aug 12, 2025 Mountain Province Diamonds Inc. announced that they will report Q2, 2025 results After-Market on Aug 12, 2025 Duyuru • Apr 25
Mountain Province Diamonds Inc. to Report Q1, 2025 Results on May 13, 2025 Mountain Province Diamonds Inc. announced that they will report Q1, 2025 results After-Market on May 13, 2025 Reported Earnings • Mar 28
Full year 2024 earnings released: CA$0.38 loss per share (vs CA$0.21 loss in FY 2023) Full year 2024 results: CA$0.38 loss per share (further deteriorated from CA$0.21 loss in FY 2023). Revenue: CA$267.7m (down 19% from FY 2023). Net loss: CA$80.8m (loss widened 85% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Duyuru • Mar 26
Mountain Province Diamonds Inc., Annual General Meeting, May 16, 2025 Mountain Province Diamonds Inc., Annual General Meeting, May 16, 2025. Duyuru • Aug 22
Mountain Province Diamonds Inc. Announces Updated Life of Mine Plan and Updated Mineral Resource and Reserve Estimate Mountain Province Diamonds Inc. announced that it has completed an updated mineral reserve and mineral resource estimate and life of mine plan (the "LOM") in respect of the Gahcho Kué Mine, a joint venture between De Beers Canada Inc. (51%) and Mountain Province (49%), located 280 km northeast of Yellowknife, Northwest Territories. The updated LOM is the result of engineering work done to steepen the pit walls, resulting in realization of further value at the Gahcho Kué mine. In accordance with National Instrument 43-101 – Standards of Disclosure For Mineral Projects ("NI 43-101"), a supporting technical report effective April 22, 2024 will be filed within 45 days of this news release (the "2024 Technical Report"). The 2024 Technical Report will supersede the technical report entitled "NI 43-101 Technical Report Gahcho Kué Mine Northwest Territories Canada" having an effective date of December 31, 2021 and a report date of March 28, 2022 (the "2022 Technical Report"). Highlights: Mountain Province's 49% share of operating cash flow from remaining open pit mining operations is estimated at $626 million. Ore processing is now estimated to finish early 2031, not 2030 as estimated in the 2022 Technical Report. On a full-year basis from 2024 to 2031 the total diamond recovery is estimated to be 36.3 million carats compared to 30.8 million carats in the 2022 Technical Report. These economics exclude 'inferred' resources included in the new pit design. The engineering work done to steepen the pit walls has resulted in ore that is deeper in the open pit coming into the mine plan in addition to a small reduction in waste stripping. On a full-year basis for 2024 the updated Technical Report has the mine planning to produce 36.3 million carats (on a 100% basis) from the beginning of 2024 to the end of the life of mine, whereas the 2022 Technical Report had 30.8 million carats being produced from the beginning of 2024 to the end of the life of the mine. Included in the production plan is moving to a lower Bottom Cut-off from 1.1mm to 1.0mm in 2027 which coincides with expected lower global production due to mine closures from 2026 onward. Life of Mine: Updated geotechnical pit slope recommendations since the 2022 Technical Report allowed the various pits to be redesigned with steeper walls allowing additional kimberlite to be captured within the pits and an updated LOM plan. The updated LOM plan extends production through 2031 and reflects an increase of 2.7 Mt at 2.0 c/t (5.5 Mcts), relative to the prior LOM plan. Updated Mineral Resource and Reserve Estimate: There have been three block model updates for the Gahcho Kué Mine since the 2022 Technical Report, each of which have increased the overall volume of the ore bodies. The interpretation of the external kimberlite contacts was updated based on mining data including blast holes logs and face mapping contact pickups. This information allowed projection/interpretation of changes to 3-4 benches below the current mining benches, providing a more probable view of kimberlite volumes to be mined in the short term. In addition, several drillholes from the Resource Extension Program were included in the update to Hearne and the surrounding country rock models. Duyuru • Jul 26
Mountain Province Diamonds Inc. to Report Q2, 2024 Results on Aug 07, 2024 Mountain Province Diamonds Inc. announced that they will report Q2, 2024 results After-Market on Aug 07, 2024 Reported Earnings • May 10
First quarter 2024 earnings released: EPS: CA$0.032 (vs CA$0.13 in 1Q 2023) First quarter 2024 results: EPS: CA$0.032 (down from CA$0.13 in 1Q 2023). Revenue: CA$89.4m (down 31% from 1Q 2023). Net income: CA$6.86m (down 76% from 1Q 2023). Profit margin: 7.7% (down from 22% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Duyuru • Apr 23
Mountain Province Diamonds Inc. to Report Q1, 2024 Results on May 08, 2024 Mountain Province Diamonds Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Duyuru • Apr 13
Mountain Province Diamonds Inc., Annual General Meeting, Jun 19, 2024 Mountain Province Diamonds Inc., Annual General Meeting, Jun 19, 2024. Reported Earnings • Apr 03
Full year 2023 earnings released: CA$0.21 loss per share (vs CA$0.23 profit in FY 2022) Full year 2023 results: CA$0.21 loss per share (down from CA$0.23 profit in FY 2022). Revenue: CA$328.6m (down 16% from FY 2022). Net loss: CA$43.7m (down 189% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Duyuru • Feb 23
Mountain Province Diamonds Inc. to Report Q4, 2023 Results on Mar 26, 2024 Mountain Province Diamonds Inc. announced that they will report Q4, 2023 results After-Market on Mar 26, 2024 Reported Earnings • Nov 10
Third quarter 2023 earnings released: CA$0.063 loss per share (vs CA$0.034 loss in 3Q 2022) Third quarter 2023 results: CA$0.063 loss per share (further deteriorated from CA$0.034 loss in 3Q 2022). Revenue: CA$60.3m (down 45% from 3Q 2022). Net loss: CA$13.4m (loss widened 87% from 3Q 2022). Revenue is forecast to decline by 5.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Duyuru • Oct 07
Mountain Province Diamonds Inc. to Report Q3, 2023 Results on Nov 09, 2023 Mountain Province Diamonds Inc. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023 New Risk • Aug 13
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Shares are highly illiquid. Earnings are forecast to decline by an average of 28% per year for the foreseeable future. Minor Risks Profit margins are more than 30% lower than last year (12% net profit margin). Market cap is less than US$100m (CA$99.4m market cap, or US$73.9m). Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: CA$0.082 (vs CA$0.11 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.082 (down from CA$0.11 in 2Q 2022). Revenue: CA$59.9m (down 39% from 2Q 2022). Net income: CA$17.3m (down 24% from 2Q 2022). Profit margin: 29% (up from 23% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 8.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Duyuru • Jul 26
Mountain Province Diamonds Inc. to Report Q2, 2023 Results on Aug 10, 2023 Mountain Province Diamonds Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 10, 2023 Duyuru • Jul 18
Mountain Province Diamonds Inc. Revises Production Guidance for 2023 Mountain Province Diamonds Inc. revised production guidance for 2023. For the full year, the company expects: 3.0 3.6 million ore tonnes mined against Previously 4.10 4.50 million ore tonnes mined. All other guidance remains unchanged. Duyuru • Jun 14
Mountain Province Diamonds Inc. Announces the Discovery of Additional Kimberlite, Approximately 40 Metres to the Northeast of the Modeled Tuzo Kimberlite Mountain Province Diamonds Inc. announced the discovery of additional kimberlite, approximately 40 metres to the northeast of the modeled Tuzo kimberlite. In addition, the drilling of the Hearne Deep and the Northwest Extension has seen multiple intercepts of up to 287 metres of kimberlite. The Hearne Northwest Extension was identified in late 2021 when a kimberlite exposure (25 meters across) was encountered in a lower bench face during routine mining operations. Drilling programs in 2022 indicated that a significant volume of previously unknown kimberlite could exist, with ten of sixteen drillholes reported kimberlite intersections up to 114 meters in the extension. In the 2023 program ten of eleven drillholes collared within and outside of the Hearne pit have intersected kimberlite with the longest intersection being 287 meters. Drillholes within the pit are shown as red circles. Insets show the shape of Hearne prior to discovery of the extension. The internal geology of Hearne is shown with blue indicating hypabyssal kimberlite (HK/HKt) and yellow and green indicating fragmental kimberlite (TK/TKt). The modeled outer contacts and internal geology for the Northwest Extension are speculative at this time and will be adjusted as the results of detailed logging and analysis are received. Following on the discovery and delineation of the Hearne Northwest Extension, drilling to look for a similar extension has been started at Tuzo. Limited historical drilling at Tuzo has confirmed kimberlite to a vertical depth of over 700 meters. Based on the northeast-directed downward ramping of the 5034 kimberlite and its proximity to Tuzo, a single drillhole was collared east of Tuzo to test for a northeast extension. The image below shows the relationship of drillhole MPV-23-632C to the 5034, Tuzo and Wilson kimberlites. Drillhole MPV-23-632C intersected TKt/HKt kimberlite from 669.77-710.00 meters, and is located roughly 40 meters northeast of the Tuzo kimberlite. The kimberlite phase in Tuzo that is nearest to the intersect is modeled also as TKt (shown in yellow in the image). Logging and mineral chemistry of the drill core is underway to confirm whether it is similar in detail to Tuzo. Duyuru • May 17
Mountain Province Diamonds Inc., Annual General Meeting, Jun 22, 2023 Mountain Province Diamonds Inc., Annual General Meeting, Jun 22, 2023, at 11:00 US Eastern Standard Time. Agenda: To receive and consider the consolidated audited financial statements of Mountain Province for the year ended December 31, 2022, together with the report of the auditors thereon; to fix the number of directors at seven; to elect directors for the ensuing year; to re-appoint the auditors of Mountain Province and to authorize the directors of Mountain Province to fix the auditors' remuneration; to re-approve the Corporation's Long-Term Equity Incentive Plan, and to approve and authorize for grant, all currently available and unallocated options, stock appreciation rights, deferred stock units, restricted stock units and other share-based awards issuable under the Incentive Plan, as more particularly set out in the accompanying Information Circular; and to transact such other business as may properly be brought before the Meeting or any adjournment thereof. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: CA$0.13 (vs CA$0.12 in 1Q 2022) First quarter 2023 results: EPS: CA$0.13 (up from CA$0.12 in 1Q 2022). Revenue: CA$128.7m (up 52% from 1Q 2022). Net income: CA$28.2m (up 16% from 1Q 2022). Profit margin: 22% (down from 29% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 11% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Reported Earnings • Mar 24
Full year 2022 earnings released: EPS: CA$0.23 (vs CA$1.31 in FY 2021) Full year 2022 results: EPS: CA$0.23 (down from CA$1.31 in FY 2021). Revenue: CA$388.9m (up 26% from FY 2021). Net income: CA$49.2m (down 82% from FY 2021). Profit margin: 13% (down from 90% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 20% p.a. on average during the next 2 years compared to a 1.1% decline forecast for the Metals and Mining industry in the United Kingdom. Recent Insider Transactions • Jan 25
Insider recently sold CA$60k worth of stock On the 20th of January, Reid Mackie sold around 100k shares on-market at roughly CA$0.60 per share. This transaction amounted to 74% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$69k more than they bought in the last 12 months. Duyuru • Jan 20
Mountain Province Diamonds Inc. Provides Production Guidance for 2023 Mountain Province Diamonds Inc. provided production guidance for 2023. For the full year, the company expects: 37– 42 million total tonnes mined (ore and waste), 4.1 – 4.5 million ore tonnes mined, 3.2 – 3.5 million ore tonnes treated, 5.6 – 6.1 million carats recovered. Reported Earnings • Nov 10
Third quarter 2022 earnings released: CA$0.034 loss per share (vs CA$0.042 profit in 3Q 2021) Third quarter 2022 results: CA$0.034 loss per share (down from CA$0.042 profit in 3Q 2021). Revenue: CA$110.1m (up 17% from 3Q 2021). Net loss: CA$7.19m (down 182% from profit in 3Q 2021). Revenue is expected to fall by 17% p.a. on average during the next 3 years compared to a 2.6% decline forecast for the Metals and Mining industry in the United Kingdom. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: CA$0.11 (vs CA$0.11 in 2Q 2021) Second quarter 2022 results: EPS: CA$0.11 (vs CA$0.11 in 2Q 2021). Revenue: CA$97.8m (up 30% from 2Q 2021). Net income: CA$22.6m (flat on 2Q 2021). Profit margin: 23% (down from 30% in 2Q 2021). Over the next year, revenue is expected to shrink by 15% compared to a 6.6% growth forecast for the industry in the United Kingdom. Board Change • Jul 31
High number of new directors Independent Director Kelly Stark-Anderson was the last director to join the board, commencing their role in 2022. Board Change • Jun 08
High number of new directors Independent Director Kelly Stark-Anderson was the last director to join the board, commencing their role in 2022. Board Change • May 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President, CEO & Director Mark Wall was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 30
Full year 2021 earnings released: EPS: CA$1.31 (vs CA$1.25 loss in FY 2020) Full year 2021 results: EPS: CA$1.31 (up from CA$1.25 loss in FY 2020). Revenue: CA$308.7m (up 36% from FY 2020). Net income: CA$276.2m (up CA$539.6m from FY 2020). Profit margin: 90% (up from net loss in FY 2020). Production and reserves: Diamond Production: 0.61 t (0.639 t in FY 2020) Proved and probable reserves (ore): 28.3 Mt (29.7 Mt in FY 2020) Number of mines: 1 (1 in FY 2020) Over the next year, revenue is expected to shrink by 2.8% compared to a 4.3% growth forecast for the mining industry in the United Kingdom. Board Change • Mar 09
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President, CEO & Director Mark Wall was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President, CEO & Director Mark Wall was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President, CEO & Director Mark Wall was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Breakeven Date Change • Dec 09
Forecast to breakeven in 2021 The analyst covering Mountain Province Diamonds expects the company to break even for the first time. New forecast suggests the company will make a profit of CA$36.4m in 2021. Earnings growth of 132% is required to achieve expected profit on schedule. Board Change • Dec 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President, CEO & Director Mark Wall was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Breakeven Date Change • Nov 19
Forecast to breakeven in 2021 The analyst covering Mountain Province Diamonds expects the company to break even for the first time. New forecast suggests the company will make a profit of CA$36.4m in 2021. Earnings growth of 132% is required to achieve expected profit on schedule. Breakeven Date Change • Sep 23
Forecast to breakeven in 2021 The analyst covering Mountain Province Diamonds expects the company to break even for the first time. New forecast suggests the company will make a profit of CA$36.4m in 2021. Earnings growth of 139% is required to achieve expected profit on schedule. Director Overboarding • Aug 12
Director Thomas Peregoodoff has joined 3rd company board Thomas Peregoodoff has been appointed to the board of Apollo Gold & Silver Corp. (TSXV:APGO). Peregoodoff now sits on a total of 3 company boards. With 3 board positions including the role of CEO at Apollo Gold & Silver Corp. (TSXV:APGO), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 12
Director Thomas Peregoodoff has joined 3rd company board Thomas Peregoodoff has been appointed to the board of Apollo Gold & Silver Corp. (TSXV:APGO). Peregoodoff now sits on a total of 3 company boards. With 3 board positions including the role of CEO at Apollo Gold & Silver Corp. (TSXV:APGO), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 12
Director Thomas Peregoodoff has joined 3rd company board Thomas Peregoodoff has been appointed to the board of Apollo Gold & Silver Corp. (TSXV:APGO). Peregoodoff now sits on a total of 3 company boards. With 3 board positions including the role of CEO at Apollo Gold & Silver Corp. (TSXV:APGO), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 12
Director Thomas Peregoodoff has joined 3rd company board Thomas Peregoodoff has been appointed to the board of Apollo Gold & Silver Corp. (TSXV:APGO). Peregoodoff now sits on a total of 3 company boards. With 3 board positions including the role of CEO at Apollo Gold & Silver Corp. (TSXV:APGO), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 12
Director Thomas Peregoodoff has joined 3rd company board Thomas Peregoodoff has been appointed to the board of Apollo Gold & Silver Corp. (TSXV:APGO). Peregoodoff now sits on a total of 3 company boards. With 3 board positions including the role of CEO at Apollo Gold & Silver Corp. (TSXV:APGO), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 12
Director Thomas Peregoodoff has joined 3rd company board Thomas Peregoodoff has been appointed to the board of Apollo Gold & Silver Corp. (TSXV:APGO). Peregoodoff now sits on a total of 3 company boards. With 3 board positions including the role of CEO at Apollo Gold & Silver Corp. (TSXV:APGO), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS CA$0.11 (vs CA$0.13 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$75.1m (up 121% from 2Q 2020). Net income: CA$22.5m (up CA$49.2m from 2Q 2020). Profit margin: 30% (up from net loss in 2Q 2020). Reported Earnings • May 14
First quarter 2021 earnings released: EPS CA$0.035 (vs CA$0.20 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: CA$54.2m (down 17% from 1Q 2020). Net income: CA$7.31m (up CA$48.3m from 1Q 2020). Profit margin: 14% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. 