Mountain Province DiamondsMPVDF Quick Ratio is 0.02 as of Mar. 2026, which is 94% below its 10-year median of 0.34. The stock has 5 warning signs investors should review. Among 2,638 Metals & Mining companies, Mountain Province Diamonds ranks worse than 97.88% on this metric.
Mountain Province Diamonds has a quick ratio of 0.02. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Mountain Province Diamonds's Quick Ratio or its related term are showing as below:
MPVDF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.34 Max: 1.49
Current: 0.02
During the past 13 years, Mountain Province Diamonds's highest Quick Ratio was 1.49. The lowest was 0.02. And the median was 0.34.
MPVDF's Quick Ratio is ranked worse than 97.88% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.32
vs MPVDF: 0.02
Mountain Province Diamonds (OTCPK:MPVDF) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Mountain Province Diamonds Quick Ratio Related Terms
Mountain Province Diamonds Quick Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Other Precious Metals & Mining subindustry, Mountain Province Diamonds's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mountain Province Diamonds Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mountain Province Diamonds's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Mountain Province Diamonds's Quick Ratio falls into.
Mountain Province Diamonds Quick Ratio Calculation
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mountain Province Diamonds (MPVDF) has a Quick Ratio of 0.02 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mountain Province Diamonds and its competitors. This is 94% below median its historical median of 0.34. Over the past decade, Mountain Province Diamonds' Quick Ratio has ranged from 0.02 to 1.49. According to the industry distribution chart, Mountain Province Diamonds ranks #2582 out of 2638 companies in the Metals & Mining industry, placing it in the top 97.9%.
Is Mountain Province Diamonds' Quick Ratio too high?
Mountain Province Diamonds' current Quick Ratio of 0.02 is 94% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.49. The Metals & Mining industry median Quick Ratio is 2.32. Mountain Province Diamonds' value of 0.02 is 99.1% below this industry median. Based on the distribution chart, Mountain Province Diamonds ranks #2582 out of 2638 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Mountain Province Diamonds' Quick Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Mountain Province Diamonds ranks #2582 out of 2638 companies for Quick Ratio. This places Mountain Province Diamonds in the lower half of its industry. The industry median Quick Ratio is 2.32. Mountain Province Diamonds' value of 0.02 is 99.1% below this benchmark. Historically, Mountain Province Diamonds' own Quick Ratio has ranged from 0.02 to 1.49 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 2.32, Mountain Province Diamonds has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.32, based on 2,638 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mountain Province Diamonds's current Quick Ratio of 0.02 is 99.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mountain Province Diamonds and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mountain Province Diamonds's current Quick Ratio is 0.02, which is 94% below median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mountain Province Diamonds stock overvalued right now?
Based on GuruFocus' analysis, Mountain Province Diamonds (MPVDF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.05, compared to a current price of $0.02 — trading 61.2% below its estimated fair value. The current Quick Ratio is 0.02, which is 94% below median its 10-year median of 0.34 and 99.1% below the Metals & Mining industry median of 2.32. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Mountain Province Diamonds (MPVDF), the current Quick Ratio is 0.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Mountain Province Diamonds Inc is engaged in the mining and marketing of rough diamonds. The company supplies rough diamonds from its 49% ownership interest in the Gahcho Kue diamond mine (the GK Diamond Mine). The GK Diamond Mine is located in Canadas Northwest Territories. The Company also owns the mineral rights of the Kennady North Project (KNP) in Canadas Northwest Territories.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MPVDF has been successfully added to your 