Imperial Mining Group Ltd. operates as a mineral exploration and development company in Canada.
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.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
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.
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
2 months ago | Simply Wall StCompanies Like Imperial Mining Group (CVE:IPG) Can Be Considered Quite Risky
2 years ago | Simply Wall StWho Owns Most Of Imperial Mining Group Ltd (CVE:IPG)?
2 years ago | Simply Wall StWhat Investors Should Know About Imperial Mining Group Ltd's (CVE:IPG) Financial Strength
Is Imperial Mining Group undervalued compared to its fair value and its price relative to the market?
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).
How is Imperial Mining Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- 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.
- Imperial Mining Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Imperial Mining Group performed over the past 5 years?
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
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.
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
What is Imperial Mining Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Peter Cashin (61yo)
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.
|Independent Chairman of the Board||0yrs||no data||0.49% CA$23.1k|
|Chairman of the Technical Advisory Committee||0yrs||no data||no data|
|Independent Director||2.2yrs||no data||0.064% CA$3.0k|
|Independent Director||2.2yrs||no data||0.16% CA$7.5k|
|Independent Director||1.9yrs||no data||no data|
Experienced Board: IPG's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 42.5%.
Imperial Mining Group Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Imperial Mining Group Ltd.
- Ticker: IPG
- Exchange: TSXV
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$4.686m
- Shares outstanding: 78.10m
- Website: https://www.imperialmgp.com
- Imperial Mining Group Ltd.
- 410 Saint-Nicolas
- Suite 236
- H2Y 2P5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IPG||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jan 2018|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 01:58|
|End of Day Share Price||2020/02/24 00:00|
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.