Brief: Mountain Province Diamonds Announces First Quarter 2019 Results And Revises 2019 Guidance

Mountain Province Diamonds

08/05/2019 22:58

May 8 (Reuters) - Mountain Province Diamonds Inc  MPVD.TO :
    * MOUNTAIN PROVINCE DIAMONDS ANNOUNCES FIRST QUARTER 2019
RESULTS
AND REVISES 2019 GUIDANCE
    * MOUNTAIN PROVINCE DIAMONDS INC - 870,949 TONNES TREATED IN
QUARTER, AN 11% INCREASE ON COMPARABLE QUARTER
    * MOUNTAIN PROVINCE DIAMONDS - QTRLY REVENUE FROM 643,739
CARATS
SOLD AT $60.7 MILLION VERSUS $66.6 MILLION FROM 527,000 CARATS
SOLD IN Q1 2018
    * MOUNTAIN PROVINCE DIAMONDS INC - QTRLY EARNINGS PER SHARE
$0.01
    * MOUNTAIN PROVINCE DIAMONDS INC - 2019 TOTAL ORE TONNES
TREATED
OUTLOOK IS REVISED TO 3.2 MILLION TO 3.3 MILLION TONNES DUE TO
INCREASED PLANT PERFORMANCE
    * MOUNTAIN PROVINCE DIAMONDS INC - MAINTAINS ITS COST
GUIDANCE OF
$110 - $120 PER TONNE OR $50 - $54 PER CARAT RECOVERED FOR
FISCAL YEAR 2019.
    * MOUNTAIN PROVINCE DIAMONDS INC - MAINTAINS ITS 2019 TOTAL
CARAT
PRODUCTION GUIDANCE RANGE OF 6.6 MILLION AND 6.9 MILLION CARATS,

Source text for Eikon:  ID:nCNWFvHvra 
Further company coverage:  MPVD.TO 

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