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IPT

Impact MineralsASX:IPT Stock Report

Market Cap

AU$30.4m

7D

0%

1Y

-37.5%

Updated

18 Oct, 2021

Data

Company Financials
IPT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

IPT Overview

Impact Minerals Limited explores for deposits of nickel, gold, copper, silver, lead, zinc, and platinum group elements in Australia.

Impact Minerals Competitors

Energy Fuels

TSX:EFR

CA$1.4b

Ur-Energy

TSX:URE

CA$448.5m

Deep Yellow

ASX:DYL

AU$365.8m

Vimy Resources

ASX:VMY

AU$277.3m

Price History & Performance

Summary of all time highs, changes and price drops for Impact Minerals
Historical stock prices
Current Share PriceAU$0.015
52 Week HighAU$0.012
52 Week LowAU$0.027
Beta0.55
1 Month Change15.38%
3 Month Change7.14%
1 Year Change-37.50%
3 Year Change15.38%
5 Year Change-48.28%
Change since IPO-93.62%

Recent News & Updates

Shareholder Returns

IPTAU Metals and MiningAU Market
7D0%4.3%0.9%
1Y-37.5%12.2%20.2%

Return vs Industry: IPT underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: IPT underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is IPT's price volatile compared to industry and market?
IPT volatility
IPT Beta0.55
Industry Beta0.97
Market Beta1

Stable Share Price: IPT is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: IPT's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2006n/aMike Joneshttps://www.impactminerals.com.au

Impact Minerals Limited explores for deposits of nickel, gold, copper, silver, lead, zinc, and platinum group elements in Australia. The company holds 100% interest in the Blackridge project that covers an area of 150 square kilometers located in the Permian sedimentary rocks near Clermont in central Queensland; the Broken Hill project covering an area of 816 square kilometers located in New South Wales; and the Commonwealth project, which covers 903 square kilometers located in Lachlan Fold Belt. It also owns interest in the Arkun project covering an area of 1,900 square kilometers located between York and Corrigin 100 km east of Perth; and 80% interest in the Doonia project located in the east of Kambalda in the Mt Belches Basin.

Impact Minerals Fundamentals Summary

How do Impact Minerals's earnings and revenue compare to its market cap?
IPT fundamental statistics
Market CapAU$30.36m
Earnings (TTM)-AU$4.76m
Revenue (TTM)AU$15.63k

0x

P/S Ratio

-6.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IPT income statement (TTM)
RevenueAU$15.63k
Cost of RevenueAU$0
Gross ProfitAU$15.63k
ExpensesAU$4.78m
Earnings-AU$4.76m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0024
Gross Margin100.00%
Net Profit Margin-30,455.37%
Debt/Equity Ratio0.0%

How did IPT perform over the long term?

See historical performance and comparison

Valuation

Is Impact Minerals undervalued compared to its fair value and its price relative to the market?

1.94x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate IPT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate IPT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: IPT is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: IPT is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IPT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IPT is good value based on its PB Ratio (1.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Impact Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.3%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Impact Minerals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Impact Minerals performed over the past 5 years?

-30.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IPT is currently unprofitable.

Growing Profit Margin: IPT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IPT is unprofitable, and losses have increased over the past 5 years at a rate of 30.8% per year.

Accelerating Growth: Unable to compare IPT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IPT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: IPT has a negative Return on Equity (-30.45%), as it is currently unprofitable.


Financial Health

How is Impact Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: IPT's short term assets (A$3.6M) exceed its short term liabilities (A$390.3K).

Long Term Liabilities: IPT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: IPT is debt free.

Reducing Debt: IPT has no debt compared to 5 years ago when its debt to equity ratio was 17.1%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: IPT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: IPT has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 0.2% each year.


Dividend

What is Impact Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate IPT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IPT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IPT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IPT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IPT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

12.1yrs

Average board tenure


CEO

Mike Jones

no data

Tenure

AU$298,674

Compensation

Dr. Michael G. Jones, also known as Mike, Ph D., MAIG, serves as an Managing Director of Invictus Gold Limited. Dr. Jones serves as the Managing Director of Impact Minerals Ltd.and has been its Director s...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD221.68K) is about average for companies of similar size in the Australian market ($USD302.72K).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: IPT's board of directors are seasoned and experienced ( 12.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.9%.


Top Shareholders

Company Information

Impact Minerals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Impact Minerals Limited
  • Ticker: IPT
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$30.357m
  • Shares outstanding: 2.02b
  • Website: https://www.impactminerals.com.au

Location

  • Impact Minerals Limited
  • 26 Richardson Street
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.