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Imperial Mining Group

TSXV:IPG
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IPG
TSXV
CA$4M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Imperial Mining Group Ltd. operates as a mineral exploration and development company in Quebec, Canada. The last earnings update was 57 days ago. More info.


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IPG Share Price and Events
7 Day Returns
0%
TSXV:IPG
-0.3%
CA Metals and Mining
0.5%
CA Market
1 Year Returns
-34.8%
TSXV:IPG
-5.4%
CA Metals and Mining
0.9%
CA Market
IPG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Imperial Mining Group (IPG) 0% -11.8% -6.3% -34.8% - -
CA Metals and Mining -0.3% 0.9% 12.2% -5.4% 14.5% -18.7%
CA Market 0.5% 1.7% 14.2% 0.9% 17.2% 6.3%
1 Year Return vs Industry and Market
  • IPG underperformed the Metals and Mining industry which returned -5.4% over the past year.
  • IPG underperformed the Market in Canada which returned 0.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

IPG Value

 Is Imperial Mining Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Imperial Mining Group. This is due to cash flow or dividend data being unavailable. The share price is CA$0.075.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Imperial Mining Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Imperial Mining Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:IPG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in CAD CA$-0.02
TSXV:IPG Share Price ** TSXV (2019-03-20) in CAD CA$0.08
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.47x
Canada Market PE Ratio Median Figure of 543 Publicly-Listed Companies 15.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Imperial Mining Group.

TSXV:IPG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:IPG Share Price ÷ EPS (both in CAD)

= 0.08 ÷ -0.02

-3.42x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Imperial Mining Group is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Imperial Mining Group is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Imperial Mining Group's expected growth come at a high price?
Raw Data
TSXV:IPG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.42x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.71x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.23x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Imperial Mining Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Imperial Mining Group's assets?
Raw Data
TSXV:IPG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in CAD CA$0.10
TSXV:IPG Share Price * TSXV (2019-03-20) in CAD CA$0.08
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.43x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.58x
TSXV:IPG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:IPG Share Price ÷ Book Value per Share (both in CAD)

= 0.08 ÷ 0.10

0.73x

* Primary Listing of Imperial Mining Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Imperial Mining Group is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Imperial Mining Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Imperial Mining Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

IPG Future Performance

 How is Imperial Mining Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Imperial Mining Group 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Imperial Mining Group expected to grow at an attractive rate?
  • Unable to compare Imperial Mining Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Imperial Mining Group's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Imperial Mining Group's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:IPG Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.2%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:IPG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:IPG Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-11-30 -1 -1
2018-08-31 -1 -1
2017-08-31 0 0
2016-11-30 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Imperial Mining Group is high growth as no earnings estimate data is available.
  • Unable to determine if Imperial Mining Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:IPG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Imperial Mining Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:IPG Past Financials Data
Date (Data in CAD Millions) EPS *
2018-11-30 -0.02
2018-08-31 -0.03
2017-08-31
2016-11-30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Imperial Mining Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Imperial Mining Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Imperial Mining Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Imperial Mining Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Imperial Mining Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Imperial Mining Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

IPG Past Performance

  How has Imperial Mining Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Imperial Mining Group's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Imperial Mining Group does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Imperial Mining Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Imperial Mining Group's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Imperial Mining Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Imperial Mining Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:IPG Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 -0.86 0.82
2018-08-31 -0.74 0.69
2017-08-31 -0.28 0.18
2016-11-30 -0.27 0.17
2015-11-30 -0.78 0.21

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Imperial Mining Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Imperial Mining Group has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Imperial Mining Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Imperial Mining Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Imperial Mining Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

IPG Health

 How is Imperial Mining Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Imperial Mining Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Imperial Mining Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Imperial Mining Group has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Imperial Mining Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Imperial Mining Group has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Imperial Mining Group Company Filings, last reported 3 months ago.

TSXV:IPG Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 4.06 0.00 0.13
2018-08-31 3.97 0.00 0.28
2017-08-31 2.08 0.29
2016-11-30 2.06 0.35 0.00
2015-11-30 2.13 0.33 0.04
  • Imperial Mining Group has no debt.
  • Imperial Mining Group currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Imperial Mining Group has less than a year of cash runway based on current free cash flow.
  • Imperial Mining Group has less than a year of cash runway if free cash flow continues to grow at historical rates of 72.3% each year.
X
Financial health checks
We assess Imperial Mining Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Imperial Mining Group has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

IPG Dividends

 What is Imperial Mining Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Imperial Mining Group dividends.
If you bought CA$2,000 of Imperial Mining Group shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Imperial Mining Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Imperial Mining Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:IPG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Imperial Mining Group has not reported any payouts.
  • Unable to verify if Imperial Mining Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Imperial Mining Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Imperial Mining Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Imperial Mining Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Imperial Mining Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Imperial Mining Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

IPG Management

 What is the CEO of Imperial Mining Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Peter Cashin
AGE 60
CEO Bio

Mr. Peter J. Cashin, P. Geo., serves as President, Chief Executive Officer and Director of Imperial Mining Group Ltd. since December 2017. He was a Director at UrbanGold Minerals Inc. from September 2018 to Fevruary 2019. Previously, he was President and Secretary of Peak Mining Corp. from March 2015 to September 2017. Mr. Cashin served as the Chief Executive Officer and President of Lakeside Minerals Inc. from April 15, 2015 to October 01, 2015. Mr. Cashin served as the President and Chief Executive Officer of Quest Rare Minerals Ltd. (Alternatively known as Quest Uranium Corporation) from April 28, 2008 to March 2013. Mr. Cashin is an Exploration Geologist, with more than over 35 years of experience in all facets of the Canadian mining exploration and development sector. From 1979 to 1989, he served for a number of Mining and Mining Exploration Companies, such as Gulf Minerals Canada Ltd., Getty Mining Co., Campbell Resources Inc., St. Joe Canada, Muscocho Exploration Ltd. and Chevron Minerals Ltd. From 1990 to 1998, he served at Inco Limited. From 1998 to 2005, he led numerous resource Investment Attraction and Marketing initiatives with the Ontario Ministry of Northern Development and Mines. He served as the Manager of Investor and Corporate Affairs for Alexis Minerals Corporation. Prior to May 2005, he served as a Mines Information Officer with the Ministry of Northern Development and Mines of Ontario. Mr. Cashin worked for Major and Junior mining exploration companies in Québec, Ontario, the Maritimes, the United States and overseas. He also worked for a period with the Ontario Ministry of Northern Development and Mines in the area of mineral resource promotion and marketing. He served as a Director of Lakeside Minerals Inc. since December 3, 2014 until December 12, 2016. He served as a Director of Quest Rare Minerals Ltd. from 2007 to April 20, 2015. Mr. Cashin obtained a Bachelors of Science in Geology degree from the University of New Brunswick in 1979 and a Master’s of Science degree from McGill University in 1985. Mr. Cashin has been a Practicing Professional Geoscientist with the Association of Professional Geoscientists of Ontario (APGO) since 2008.

CEO Compensation
  • Insufficient data for Peter to compare compensation growth.
  • Insufficient data for Peter to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team

Peter Cashin

TITLE
President
AGE
60

Martin Nicoletti

TITLE
CFO, Corporate Secretary & Director
AGE
55

Pierre Guay

TITLE
Vice-President of Exploration
AGE
56
Board of Directors

Don Bubar

TITLE
Chairman of the Board
AGE
62

Peter Cashin

TITLE
President
AGE
60

Martin Nicoletti

TITLE
CFO, Corporate Secretary & Director
AGE
55

Mac Watson

TITLE
Chairman of the Technical Advisory Committee
AGE
82

Steve Brunelle

TITLE
Director
AGE
60

Philippe Cloutier

TITLE
Director
AGE
53

Siri Genik

TITLE
Director
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Imperial Mining Group insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
11. Mar 19 Buy Peter Cashin Individual 08. Mar 19 11. Mar 19 5,000 CA$0.08 CA$400
06. Mar 19 Buy Peter Cashin Individual 01. Mar 19 01. Mar 19 5,000 CA$0.08 CA$400
03. Jan 19 Buy SKTM Financial Corporation Inc Company 31. Dec 18 31. Dec 18 400,000 CA$0.09 CA$36,000
28. Dec 18 Buy Peter Cashin Individual 28. Dec 18 28. Dec 18 5,000 CA$0.08 CA$400
14. Dec 18 Buy Peter Cashin Individual 12. Dec 18 12. Dec 18 10,000 CA$0.07 CA$650
28. Nov 18 Buy Peter Cashin Individual 27. Nov 18 27. Nov 18 10,000 CA$0.07 CA$700
11. Oct 18 Buy Philippe Cloutier Individual 10. Oct 18 10. Oct 18 62,500 CA$0.08 CA$5,000
25. Sep 18 Sell Peak Mining Corporation Company 21. Sep 18 21. Sep 18 -383,333 CA$0.01 CA$-3,833
11. Sep 18 Buy Donald Bubar Individual 10. Sep 18 10. Sep 18 100,000 CA$0.09 CA$9,000
10. Aug 18 Buy Peter Cashin Individual 08. Aug 18 08. Aug 18 3,000 CA$0.08 CA$225
31. Jul 18 Buy Peter Cashin Individual 27. Jul 18 27. Jul 18 3,500 CA$0.08 CA$280
20. Jul 18 Buy Peter Cashin Individual 19. Jul 18 19. Jul 18 25,000 CA$0.08 CA$1,875
X
Management checks
We assess Imperial Mining Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Imperial Mining Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

IPG News

Simply Wall St News

Who Owns Most Of Imperial Mining Group Ltd (CVE:IPG)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: A large shareholding of IPG by the general public could mean higher market liquidity to buy and sell shares for retail investors, and also the potential to have more influence over company policies as a collective.

Simply Wall St -

What Investors Should Know About Imperial Mining Group Ltd's (CVE:IPG) Financial Strength

IPG's debt levels surged from CA$0.3M to CA$0.3M over the last 12 months – this includes both the current and long-term debt. … With this growth in debt, IPG currently has below CA$10K remaining in cash and short-term investment, which is rather low. … Investors' risk associated with debt is very low with IPG, and the company has plenty of headroom and ability to raise debt should it need to in the future.Next Steps: Although IPG’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

IPG Company Info

Description

Imperial Mining Group Ltd. operates as a mineral exploration and development company in Quebec, Canada. The company primarily explores for copper-zinc, gold, scandium-niobium-tantalum, lead, silver, and rare earth element deposits. The company holds a 100% interest in the Crater Lake project comprising 57 contiguous claims covering an area of 27.8 km2 locates in the northeast of Schefferville; and the Opawica project, which includes 14 contiguous claims covering an area of 7.82km2 situated in the east of Desmaraisville in the Chibougamau mining camp. It also holds interest in the Carheil property comprising 100 contiguous claims covering an area of approximately 46.47 km2; and the Brouillan property, which includes 13 claims covering a surface area of approximately 7.22 km2 located in the north of the town of La Sarre. In addition, the company holds a 50% interest in the La Ronciere project, which consists of 45 contiguous claims covering an areas of 25.1km2 situated to the south-west of the town of Chibougamau in Gand and La Roncière townships. Imperial Mining Group Ltd. is based in Montreal, Canada.

Details
Name: Imperial Mining Group Ltd.
IPG
Exchange: TSXV
Founded:
CA$3,771,801
50,290,686
Website: http://www.imperialmgp.com
Address: Imperial Mining Group Ltd.
410 Saint-Nicolas,
Suite 236,
Montreal,
Quebec, H2Y 2P5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV IPG Common Shares TSX Venture Exchange CA CAD 16. Jan 2018
Number of employees
Current staff
Staff numbers
0
Imperial Mining Group employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/23 00:41
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/01/25
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/08/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.