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IMA

I-MineralsTSXV:IMA Stock Report

Market Cap

CA$2.3m

7D

-16.7%

1Y

-16.7%

Updated

29 Nov, 2021

Data

Company Financials
IMA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

IMA Stock Overview

I-Minerals Inc. engages in the exploration, evaluation, and development of mineral properties in the United States.

I-Minerals Competitors

BASF

XTRA:BAS

€53.3b

Imerys

ENXTPA:NK

€3.0b

SCR-Sibelco

ENXTBR:094426466

€2.4b

WA Kaolin

ASX:WAK

AU$60.8m

Price History & Performance

Summary of all time highs, changes and price drops for I-Minerals
Historical stock prices
Current Share PriceCA$0.025
52 Week HighCA$0.06
52 Week LowCA$0.025
Beta1.13
1 Month Change-16.67%
3 Month Change0%
1 Year Change-16.67%
3 Year Change-82.76%
5 Year Change-91.67%
Change since IPO-99.64%

Recent News & Updates

Shareholder Returns

IMACA Metals and MiningCA Market
7D-16.7%-2.4%-1.3%
1Y-16.7%5.8%23.7%

Return vs Industry: IMA underperformed the Canadian Metals and Mining industry which returned 5.6% over the past year.

Return vs Market: IMA underperformed the Canadian Market which returned 21.9% over the past year.

Price Volatility

Is IMA's price volatile compared to industry and market?
IMA volatility
IMA Average Weekly Movementn/a
Metals and Mining Industry Average Movement10.7%
Market Average Movement9.4%
10% most volatile stocks in CA Market17.1%
10% least volatile stocks in CA Market3.5%

Stable Share Price: Insufficient data to determine IMA's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine IMA's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19844John Theobaldhttps://www.imineralsinc.com

I-Minerals Inc. engages in the exploration, evaluation, and development of mineral properties in the United States. The company develops quartz, potassium feldspar, halloysite, kaolinite, and metakaolin deposits. It holds a 100% interest in the Helmer-Bovill property comprising 11 mineral leases that covers an area of approximately 5,140.64 acres located in northwest of Bovill, Latah County, Idaho.

I-Minerals Fundamentals Summary

How do I-Minerals's earnings and revenue compare to its market cap?
IMA fundamental statistics
Market CapUS$1.83m
Earnings (TTM)-US$4.13m
Revenue (TTM)n/a

0.0x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IMA income statement (TTM)
RevenueUS$0
Cost of RevenueUS$602.82k
Gross Profit-US$602.82k
ExpensesUS$3.52m
Earnings-US$4.13m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.044
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-102.0%

How did IMA perform over the long term?

See historical performance and comparison

Valuation

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


In this section, we usually try to help investors determine whether I-Minerals is trading at an attractive price based on the cash flow it is expected to produce in the future. But as I-Minerals has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

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

10.8%

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 I-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 I-Minerals performed over the past 5 years?

-3.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IMA is currently unprofitable.

Growing Profit Margin: IMA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IMA is unprofitable, and losses have increased over the past 5 years at a rate of 3.4% per year.

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

Earnings vs Industry: IMA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (126.9%).


Return on Equity

High ROE: IMA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is I-Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: IMA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: IMA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: IMA has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: IMA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: IMA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: IMA has less than a year of cash runway if free cash flow continues to grow at historical rates of 17.8% each year.


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate IMA'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 IMA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IMA'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 IMA's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

John Theobald (64 yo)

3.67yrs

Tenure

US$150,000

Compensation

Mr. John Theobald, BSc (Hons), BA, CEng, FIMMM, FGS, MIoD serves as Director of Gold Hunter Resources Inc since October 30, 2019. Mr. Theobald is Chief Executive Officer, President and Director at Silverto...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD150.00K) is about average for companies of similar size in the Canadian market ($USD163.13K).

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


Leadership Team

Experienced Management: IMA's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: IMA's board of directors are considered experienced (7.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

I-Minerals Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: I-Minerals Inc.
  • Ticker: IMA
  • Exchange: TSXV
  • Founded: 1984
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$2.343m
  • Shares outstanding: 93.73m
  • Website: https://www.imineralsinc.com

Number of Employees


Location

  • I-Minerals Inc.
  • 580 Hornby Street
  • Suite 880
  • Vancouver
  • British Columbia
  • V6C 3B6
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/29 23:30
End of Day Share Price2021/11/25 00:00
Earnings2021/07/31
Annual Earnings2021/04/30


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.