Bullboard - Stock Discussion Forum Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s): MPVDF

Metals & Mining Industrial Metals & Minerals

Mountain Province Diamonds Inc. is a Canada-based diamond company. The Company’s primary asset is its 49% interest in the Gahcho Kue Mine, a Joint Venture with De Beers Canada. The Gahcho Kue Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company’s Kennady North Project includes approximately 113,000... see more

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TSX:MPVD - Post Discussion

Mountain Province Diamonds Inc > Paid off another 12 million in debt in April

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Post by Diamondboy123 on May 09, 2023 8:49pm

Paid off another 12 million in debt in April

And that's a capital intensive quarter . Wait till the gravy months roll in. If we pay 20 to 30 million off debt in each of the next quarters wow. The debt will be cut in half.

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Comment by Power33 on May 10, 2023 3:39am

Mpvd made RECORD 67m cad ebitda in q1. It also had earnings per share of 13c also for q1. Net debt was only 131m cad when you adjusted total debt by positive working capital of 160m cad on 31 March.Normally companies are valued at between 6 times ANNUAL ebitda and 10 to 12 times ANNUAL earnings per share. Mpvd is valued at 1.45 times q1 ebitda??? It is clear from release the life of ...more

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Mountain Province Diamonds Inc