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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

TSX:MPVD - Post Discussion

Mountain Province Diamonds Inc > PROFITABLE AGAIN!
View:
Post by claymore55 on Aug 04, 2021 6:19pm

PROFITABLE AGAIN!

News release 8-4-2021 shows earnings of $0.11 per share.  Refer to the news release on this site for further detail!
Comment by Diamondboy123 on Aug 04, 2021 7:48pm
Most important point is that sales volume and price per carat at pre pandemic levels and growing.  Plan to extend mine life in works.  Kennady in the bullpen.  The Irish better not steal this for two bucks a share.  
Comment by Macloud1 on Aug 04, 2021 8:24pm
It looks real pretty when you compare the 2020 to the 2021 financials. Obviously it should since in 2020 they had no sales in Q2 . DAH . If you wnat reality compare 2019 to 2021 which are both full year production and sales. Not so pretty anymore debt has increased and equity has reduce d substantially. Still not sustainable in my eyes. Not ready to jump back in especially since they have to ...more  
Comment by Macloud1 on Aug 04, 2021 9:10pm
Also noticed depreciation is usually 27 million per quarter. only 8 mill this time
Comment by claymore55 on Aug 05, 2021 7:46am
Appears they may be using accelerated depreciation, and are coming to the end.
Mountain Province Diamonds Inc
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