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IBC Advanced Alloys TSXV:IB Stock Report

Last Price

CA$0.085

Market Cap

CA$9.1m

7D

0%

1Y

41.7%

Updated

30 Dec, 2024

Data

Company Financials

IBC Advanced Alloys Corp.

TSXV:IB Stock Report

Market Cap: CA$9.1m

IB Stock Overview

Develops, produces, and sells specialty alloy products in China, the Netherlands, Japan, Canada, Germany, Taiwan, and internationally. More details

IB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

Rewards

Trading at 97.8% below our estimate of its fair value

Risk Analysis

Interest payments are not well covered by earnings

Does not have a meaningful market cap (CA$9M)

Highly volatile share price over the past 3 months compared to the Canadian market

Shareholders have been diluted in the past year

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

IBC Advanced Alloys Corp. Competitors

Pure Energy Minerals

TSXV:PE

CA$10.0m

Atico Mining

TSXV:ATY

CA$12.1m

Eagle Plains Resources

TSXV:EPL

CA$10.9m

Battery Mineral Resources

TSXV:BMR

CA$7.2m

Price History & Performance

Summary of share price highs, lows and changes for IBC Advanced Alloys
Historical stock prices
Current Share PriceCA$0.085
52 Week HighCA$0.12
52 Week LowCA$0.045
Beta1.14
1 Month Change6.25%
3 Month Change21.43%
1 Year Change41.67%
3 Year Change-55.26%
5 Year Change-59.52%
Change since IPO-99.43%

Recent News & Updates

Recent updates

It's Down 27% But IBC Advanced Alloys Corp. (CVE:IB) Could Be Riskier Than It Looks

Oct 16
It's Down 27% But IBC Advanced Alloys Corp. (CVE:IB) Could Be Riskier Than It Looks

Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?

Sep 25
Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?

IBC Advanced Alloys Corp.'s (CVE:IB) Shares Not Telling The Full Story

Aug 01
IBC Advanced Alloys Corp.'s (CVE:IB) Shares Not Telling The Full Story

Is IBC Advanced Alloys (CVE:IB) Using Debt In A Risky Way?

Mar 19
Is IBC Advanced Alloys (CVE:IB) Using Debt In A Risky Way?

Lacklustre Performance Is Driving IBC Advanced Alloys Corp.'s (CVE:IB) 31% Price Drop

Jan 26
Lacklustre Performance Is Driving IBC Advanced Alloys Corp.'s (CVE:IB) 31% Price Drop

Is IBC Advanced Alloys (CVE:IB) Using Debt In A Risky Way?

Oct 29
Is IBC Advanced Alloys (CVE:IB) Using Debt In A Risky Way?

Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?

Jul 13
Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?

Auditors Have Doubts About IBC Advanced Alloys (CVE:IB)

Oct 31
Auditors Have Doubts About IBC Advanced Alloys (CVE:IB)

Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?

Sep 01
Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?

IBC Advanced Alloys (CVE:IB) Shareholders Will Want The ROCE Trajectory To Continue

Jul 02
IBC Advanced Alloys (CVE:IB) Shareholders Will Want The ROCE Trajectory To Continue

These 4 Measures Indicate That IBC Advanced Alloys (CVE:IB) Is Using Debt Extensively

May 02
These 4 Measures Indicate That IBC Advanced Alloys (CVE:IB) Is Using Debt Extensively

There's Been No Shortage Of Growth Recently For IBC Advanced Alloys' (CVE:IB) Returns On Capital

Mar 10
There's Been No Shortage Of Growth Recently For IBC Advanced Alloys' (CVE:IB) Returns On Capital

A Look At The Intrinsic Value Of IBC Advanced Alloys Corp. (CVE:IB)

May 18
A Look At The Intrinsic Value Of IBC Advanced Alloys Corp. (CVE:IB)

Is IBC Advanced Alloys (CVE:IB) Using Debt Sensibly?

Feb 21
Is IBC Advanced Alloys (CVE:IB) Using Debt Sensibly?

Shareholder Returns

IBCA Metals and MiningCA Market
7D0%-1.8%-0.5%
1Y41.7%17.0%14.9%

Return vs Industry: IB exceeded the Canadian Metals and Mining industry which returned 19.2% over the past year.

Return vs Market: IB exceeded the Canadian Market which returned 15.7% over the past year.

Price Volatility

Is IB's price volatile compared to industry and market?
IB volatility
IB Average Weekly Movement17.8%
Metals and Mining Industry Average Movement10.2%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.2%
10% least volatile stocks in CA Market2.9%

Stable Share Price: IB's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: IB's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a40Mark Smithibcadvancedalloys.com

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in China, the Netherlands, Japan, Canada, Germany, Taiwan, and internationally. It offers various copper alloys as castings and forgings, such as oxygen free copper, oxygen free copper with silver and phosphorus, beryllium copper, copper chrome silicon nickel, chrome copper zirconium, chromium copper, naval brass, copper-aluminium bronze, copper nickel bronze, and copper nickel in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications. The company also manufactures Thermal-Mold Super, a beryllium-free mold alloy of copper-nickel-silicon-chrome, as well as provides tolling services and consulting.

IBC Advanced Alloys Corp. Fundamentals Summary

How do IBC Advanced Alloys's earnings and revenue compare to its market cap?
IB fundamental statistics
Market capCA$9.07m
Earnings (TTM)CA$47.38k
Revenue (TTM)CA$36.84m

203.5x

P/E Ratio

0.3x

P/S Ratio

Is IB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IB income statement (TTM)
RevenueUS$25.66m
Cost of RevenueUS$19.43m
Gross ProfitUS$6.23m
Other ExpensesUS$6.20m
EarningsUS$33.00k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.00029
Gross Margin24.27%
Net Profit Margin0.13%
Debt/Equity Ratio316.3%

How did IB perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 05:32
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IBC Advanced Alloys Corp. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Siddharth RajeevFundamental Research Corp.
Dan TrangStonegate Capital Markets, Inc.