TSXV:IPG

Stock Analysis Report

Imperial Mining Group

Executive Summary

Imperial Mining Group Ltd. operates as a mineral exploration and development company in Canada.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Imperial Mining Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IPG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

IPG

3.5%

CA Metals and Mining

-1.5%

CA Market


1 Year Return

-29.4%

IPG

6.8%

CA Metals and Mining

2.5%

CA Market

Return vs Industry: IPG underperformed the Canadian Metals and Mining industry which returned 6.8% over the past year.

Return vs Market: IPG underperformed the Canadian Market which returned 2.5% over the past year.


Shareholder returns

IPGIndustryMarket
7 Day0%3.5%-1.5%
30 Day-7.7%5.0%-0.7%
90 Day71.4%14.3%1.8%
1 Year-29.4%-29.4%7.5%6.8%5.7%2.5%
3 Yearn/a2.8%1.0%16.8%6.2%
5 Yearn/a29.1%25.4%32.0%12.8%

Price Volatility Vs. Market

How volatile is Imperial Mining Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Imperial Mining Group undervalued compared to its fair value and its price relative to the market?

0.76x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: IPG is good value based on its PB Ratio (0.8x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

13.0%

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 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

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

1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IPG is currently unprofitable.

Growing Profit Margin: IPG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IPG is unprofitable, but has reduced losses over the past 5 years at a rate of 1.9% per year.

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

Earnings vs Industry: IPG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: IPG has a negative Return on Equity (-8.42%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Imperial Mining Group's financial position?


Financial Position Analysis

Short Term Liabilities: IPG's short term assets (CA$671.6K) exceed its short term liabilities (CA$179.1K).

Long Term Liabilities: IPG has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: IPG is debt free.

Reducing Debt: IPG had no debt 5 years ago.


Balance Sheet

Inventory Level: IPG has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if IPG's debt is covered by short term assets.


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

Forecast Cash Runway: IPG has less than a year of cash runway if free cash flow continues to reduce at historical rates of -48.4% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if IPG'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 IPG'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?

2.2yrs

Average board tenure


CEO

Peter Cashin (61yo)

2.2yrs

Tenure

CA$183,875

Compensation

Mr. Peter J. Cashin, P. Geo., serves as President, Chief Executive Officer and Director of Imperial Mining Group Ltd. since December 28, 2017. He was a Director at UrbanGold Minerals Inc. from September 20 ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD138.53K) is about average for companies of similar size in the Canadian market ($USD154.48K).

Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Peter Cashin
President2.2yrsCA$183.88k1.1% CA$51.8k
Donald Bubar
Independent Chairman of the Board0yrsno data0.49% CA$23.1k
MacKenzie Watson
Chairman of the Technical Advisory Committee0yrsno datano data
Steven Brunelle
Independent Director2.2yrsno data0.064% CA$3.0k
Philippe Cloutier
Independent Director2.2yrsno data0.16% CA$7.5k
Siri Genik
Independent Director1.9yrsno datano data

2.2yrs

Average Tenure

61yo

Average Age

Experienced Board: IPG's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: IPG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 42.5%.


Top Shareholders

Company Information

Imperial Mining Group Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Imperial Mining Group Ltd.
  • Ticker: IPG
  • Exchange: TSXV
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$4.686m
  • Shares outstanding: 78.10m
  • Website: https://www.imperialmgp.com

Location

  • Imperial Mining Group Ltd.
  • 410 Saint-Nicolas
  • Suite 236
  • Montreal
  • Quebec
  • H2Y 2P5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IPGTSXV (TSX Venture Exchange)YesCommon SharesCACADJan 2018

Biography

Imperial Mining Group Ltd. operates as a mineral exploration and development company in 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 96 contiguous claims covering an area of 47 square kilometers located to the northeast of Schefferville, Quebec; and the Opawica project, which includes 14 contiguous mining titles in Gand and Lespérance townships covering an area of 7.81 square kilometers situated to the east of Desmaraisville in the Chibougamau mining camp. It also holds a 100% interest in the Carheil property comprising 100 contiguous claims covering an area of approximately 46.47 square kilometers; and the Brouillan property, which includes 13 claims covering a surface area of approximately 7.22 square kilometers 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 mining claims covering an area of 25.1 square kilometers 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 01:58
End of Day Share Price2020/02/24 00:00
Earnings2019/11/30
Annual Earnings2019/08/31


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.