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
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
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
is considered below, and whether this is a fair price.
Price based on past earnings
Imperial Mining Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Imperial Mining Group
expected to grow at an
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.
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.
Imperial Mining Group's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
A company's financial position is much like your own financial position,
it includes everything you own
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.
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.
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
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.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
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.
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.
CFO, Corporate Secretary & Director
Vice-President of Exploration
Board of Directors
Chairman of the Board
CFO, Corporate Secretary & Director
Chairman of the Technical Advisory Committee
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.
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.
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.
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.
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