Reid BA - Mountain Province VP Marketing

MPVD Stock  CAD 0.11  0.01  10.00%   

Insider

Reid BA is VP Marketing of Mountain Province Diamonds
Address 151 Yonge Street, Toronto, ON, Canada, M5C 2W7
Phone416 361 3562
Webhttps://www.mountainprovince.com

Mountain Province Management Efficiency

The company has return on total asset (ROA) of 0.0277 % which means that it generated a profit of $0.0277 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2411) %, meaning that it generated substantial loss on money invested by shareholders. Mountain Province's management efficiency ratios could be used to measure how well Mountain Province manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of December 2024, Return On Tangible Assets is likely to drop to -0.05. In addition to that, Return On Capital Employed is likely to drop to -0.03. At this time, Mountain Province's Fixed Asset Turnover is very stable compared to the past year. As of the 28th of December 2024, Asset Turnover is likely to grow to 0.37, while Non Currrent Assets Other are likely to drop about 32.1 M.
Mountain Province Diamonds has accumulated 306.88 M in total debt with debt to equity ratio (D/E) of 1.62, which is about average as compared to similar companies. Mountain Province has a current ratio of 1.65, which is within standard range for the sector. Debt can assist Mountain Province until it has trouble settling it off, either with new capital or with free cash flow. So, Mountain Province's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mountain Province sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mountain to invest in growth at high rates of return. When we think about Mountain Province's use of debt, we should always consider it together with cash and equity.
Mountain Province Diamonds Inc., through its subsidiaries, focuses on the mining and marketing of rough diamonds worldwide. Mountain Province Diamonds Inc. was founded in 1986 and is headquartered in Toronto, Canada. MOUNTAIN PROVINCE operates under Other Precious Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 10 people. Mountain Province Diamonds (MPVD) is traded on Toronto Exchange in Canada and employs 10 people. Mountain Province is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Mountain Province Leadership Team

Elected by the shareholders, the Mountain Province's board of directors comprises two types of representatives: Mountain Province inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mountain. The board's role is to monitor Mountain Province's management team and ensure that shareholders' interests are well served. Mountain Province's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mountain Province's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jonathan Comerford, Independent Chairman of the Board
Tom McCandless, Vice President - Exploration
Steven FCA, CFO Finance
Jennie Ly, Controller
Karen Goracke, Independent Director
Stuart Brown, President, Chief Executive Officer, Director
Perry Ing, Chief Financial Officer, Vice President - Finance
Brett Desmond, Director
Keyvan Salehi, Vice President- Corporate Development and Technical Sales
Mark MBA, CEO President
Dean Chambers, Director
David Whittle, Interim President CEO, Director
FCA BSc, CFO Finance
Tom Peregoodoff, Independent Director
Kenneth Robertson, Director
BS MBA, Chief Services
April Hayward, Chief Officer
Reid Mackie, Vice President - Diamond Marketing
Reid BA, VP Marketing
Com CA, VP Exploration

Mountain Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Mountain Province a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Mountain Province

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mountain Province position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mountain Province will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mountain Stock

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Moving against Mountain Stock

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The ability to find closely correlated positions to Mountain Province could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mountain Province when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mountain Province - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mountain Province Diamonds to buy it.
The correlation of Mountain Province is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mountain Province moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mountain Province moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mountain Province can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Mountain Stock

Mountain Province financial ratios help investors to determine whether Mountain Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mountain with respect to the benefits of owning Mountain Province security.