Inca Minerals (ASX:ICG) - Stock Price, News & Analysis

ICG Stock Overview

Inca Minerals Limited, a junior resource company, engages in the acquisition, exploration, evaluation, and development of mineral properties.

About the company

ICG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Makes less than USD$1m in revenue (A$238K)

Shareholders have been substantially diluted in the past year

Earnings have declined by 32.3% per year over past 5 years

Does not have a meaningful market cap (A$4M)

+ 1 more risk

Inca Minerals Limited Competitors

Australia United Mining

ASX:AYM

AU$5.5m

Emu

ASX:EMU

AU$2.1m

First Au

ASX:FAU

AU$3.3m

Bastion Minerals

ASX:BMO

AU$3.0m

Price History & Performance

Summary of all time highs, changes and price drops for Inca Minerals
Historical stock prices
Current Share Price	AU$0.0045
52 Week High	AU$0.041
52 Week Low	AU$0.004
Beta	1.14
1 Month Change	-25.00%
3 Month Change	-50.00%
1 Year Change	-75.00%
3 Year Change	-96.40%
5 Year Change	-94.38%
Change since IPO	-99.67%

Recent updates

Shareholder Returns

	ICG	AU Metals and Mining	AU Market
7D	-10.0%	0.05%	0.9%
1Y	-75.0%	-2.1%	5.6%

Return vs Industry: ICG underperformed the Australian Metals and Mining industry which returned -2.1% over the past year.

Return vs Market: ICG underperformed the Australian Market which returned 5.6% over the past year.

Price Volatility

Is ICG's price volatile compared to industry and market?
ICG volatility
ICG Average Weekly Movement	16.6%
Metals and Mining Industry Average Movement	12.4%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: ICG's share price has been volatile over the past 3 months.

Volatility Over Time: ICG's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2008	n/a	n/a	www.incaminerals.com.au

Inca Minerals Limited, a junior resource company, engages in the acquisition, exploration, evaluation, and development of mineral properties. The company explores for gold, copper, silver, zinc, molybdenum, and lead deposits. Its flagship project is the Riqueza project located in Peru.

Inca Minerals Limited Fundamentals Summary

How do Inca Minerals's earnings and revenue compare to its market cap?
ICG fundamental statistics
Market cap	AU$3.62m
Earnings (TTM)	-AU$1.30m
Revenue (TTM)	AU$238.16k

15.2x

P/S Ratio

-2.8x

P/E Ratio

Is ICG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ICG income statement (TTM)
Revenue	AU$238.16k
Cost of Revenue	AU$0
Gross Profit	AU$238.16k
Other Expenses	AU$1.54m
Earnings	-AU$1.30m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0016
Gross Margin	100.00%
Net Profit Margin	-545.03%
Debt/Equity Ratio	0%

How did ICG perform over the long term?

See historical performance and comparison

ICG Stock Overview

Rewards

Risk Analysis

Inca Minerals Limited Competitors

ASX:AYM

AU$5.5m

ASX:EMU

AU$2.1m

ASX:FAU

AU$3.3m

ASX:BMO

AU$3.0m

Price History & Performance

Recent News & Updates

New major risk - Shareholder dilution

Inca Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.74319 million.

Inca Minerals Limited Announces Executive Changes

Inca Minerals Limited Announces Resignation of Gareth Lloyd as Non Executive Director

Inca Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.

Inca Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.

Recent updates

New major risk - Shareholder dilution

Inca Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.74319 million.

Inca Minerals Limited Announces Executive Changes

Inca Minerals Limited Announces Resignation of Gareth Lloyd as Non Executive Director

Inca Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.

Inca Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.

New minor risk - Shareholder dilution

Inca Minerals Limited, Annual General Meeting, Nov 17, 2023

Inca Minerals Limited (ASX:ICG) signed Tenement Sale and Purchase Agreement to acquire Exploration Licence 80/5904 from North West Iron Pty Ltd for AUD 0.12 million.

Inca Minerals Limited Provides Further Update on an October-November 2022 Geological Reconnaissance Field Trip to its Jean Elson Project

Inca Minerals Limited Announces an Update on Its Ongoing Work to Evaluate At Its Frewena Group Project in the Northern Territory

Inca Minerals Limited Announces Potential for Phosphate Mineralisation At Frewena

Less than half of directors are independent

Inca Minerals Limited Announces New Copper Lodes Identified At Jean Elson Project, NT

Inca Minerals Limited Reports Assay Results for the Second Diamond Drill-Hole Completed At the Mount Lamb Ne Prospect, Part of Its Frewena Group IOCG Project in the Northern Territory

Inca Minerals Limited, Annual General Meeting, Nov 23, 2022

Inca Minerals Limited Announces Broad Zones of Elevated Gold-Copper-Silver in First Diamond Hole Confirm Fertile IOCG System at Mount Lamb

Inca Minerals Limited Announces Exploration Gaining Momentum at Jean Elson IOCG Project

Inca Minerals Limited Announces Exploration Gaining Momentum at Jean Elson IOCG Project

Inca Minerals Limited Announces Completion of Maiden Australian Drill Program at the Mount Lamb NE Prospect

Inca Minerals Limited Announces Completion of Review of Drill-Hole FW220009 at the Mount Lamb NE Prospect

Returns Are Gaining Momentum At Inca Minerals (ASX:ICG)

Inca Minerals Limited Announces That Review of Drill Holes Fw220004 and Fw220008, Drilled At the Jumping Spider and Mount Lamb Ne Prospects, Is Now Complete

Wide Interval of Iocg Alteration in First Drill-Hole Confirms Large-Scale Discovery Potential At Mount Lamb Ne

Inca Minerals Limited Announces the Review of the First Two Holes (FW220002/A and FW220006) at the Mount Lamb SW Prospect

Inca Minerals Limited Announces Frewena Drilling Update and Jean Elson Geophysics Update

Less than half of directors are independent

Inca Minerals Limited Announces Gov NDIBK04 Data Confirms IOCG/ISCG Model for Mt Lamb

Inca Minerals Limited Announces Additional Targets Identified At Jean Elson Project

Inca Minerals Limited Announces Drilling Underway at Frewena

We Like These Underlying Return On Capital Trends At Inca Minerals (ASX:ICG)

Inca Minerals Limited Announces Management Changes, Effective March 1, 2022

Inca Minerals Limited Announces Landowner Negotiations Successfully Completed for Drilling At High-Potential Frewena Project, NT

Inca Minerals (ASX:ICG) Is Experiencing Growth In Returns On Capital

Inca Minerals Limited Receives Encouraging Indications from the Third Hole Currently Being Drilled as Part of the Current 6,070m Diamond Drilling Program

Inca Minerals Limited announced that it expects to receive AUD 1.277768 million in funding

Inca Minerals Limited Confirms Frewena Fable Targets & Exploration Update

Inca Minerals Limited Commences Internal Reviews of the Independently Generated Iron Oxide Copper Gold (Iocg)/Sedimentary Exhalative (Sedex) Targets Identified At Its Frewena Group Project

Inca Minerals Limited Received the Final Expert Independent Report from Rewena Fable, Frewena East and Frewena Far East Projects

Inca Minerals Limited Obtained All Requisite Permits for the Ne Area Diamond Core Drilling Program

Inca Receives Co-Funding Grants for Frewena and Jean Elson

Inca Minerals Limited Announces Update on High-Grade Gold-Copper Mineralisation At Jean Elson

Inca Minerals Limited Announces Confirmation of Large-Scale IOCG/SEDEX Targets At Inca's Frewena East Projects, NT

Inca Minerals Limited Announces Drilling Ready to Commence At Riqueza Project, Peru

Inca Minerals Limited Announces New High-Priority Tier-1 Targets Identified At Frewena Project, Northern Territory

Inca Minerals Limited Announces Drilling Imminent at Riqueza

Inca Minerals Limited Provides Drill Program Update - Riqueza

Why Inca Minerals' (ASX:ICG) Healthy Earnings Aren’t As Good As They Seem

Inca Minerals Limited Announces That Initial Results from A 10-Hole Stratigraphic Drilling Program Conducted by Geoscience Australia in the East Tennant Region of the Northern Territory

Inca Minerals Limited Completes an Initial Orientation Soil Sampling Program to Further Evaluate the Potential of Various Iocg/Sedex Targets At Its 90%-Owned Frewena East Project

Inca Minerals Limited Announces Explanation of NE Area Drilling at Riqueza

Inca Minerals Limited Announces the Australian Geophysics Programs Update

Inca Minerals Limited Provides Update on Frewena Group Project

Inca Minerals Limited Announces Follow-Up on Ficha Técnica Ambiental and Recap on Upcoming Drilling

Inca Minerals Limited Provides an Update on its Amagrad Survey Conducted over the Frewena Fable and Frewena Far East Projects

Inca Minerals Limited Provides an Update Concerning Its Frewena Group Project in the Northern Territory

What Can We Make Of Inca Minerals' (ASX:ICG) CEO Compensation?

Inca Minerals Limited Announces Results from a Reconnaissance Exploration Program Conducted At the Company's Jean Elson Project in the Northern Territory

Inca Minerals Limited Receives Results from Reconnaissance Ridge-Top Mapping and Sampling Program Recently Conducted Within Inca's Ccarhua I Mining Concession Application Area (Ccarhua I), Located South of the Company's Riqueza Project