TSXV:IPG

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Imperial Mining Group

Executive Summary

Imperial Mining Group Ltd. operates as a mineral exploration company in Canada. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

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 is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 20% a week.

Volatility Over Time: IPG's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of Canadian stocks.


Market Performance


7 Day Return

18.8%

IPG

-7.3%

CA Metals and Mining

-3.3%

CA Market


1 Year Return

171.4%

IPG

26.9%

CA Metals and Mining

-0.4%

CA Market

Return vs Industry: IPG exceeded the Canadian Metals and Mining industry which returned 34.4% over the past year.

Return vs Market: IPG exceeded the Canadian Market which returned 1.6% over the past year.


Shareholder returns

IPGIndustryMarket
7 Day18.8%-7.3%-3.3%
30 Day100.0%-6.6%0.2%
90 Day111.1%-4.3%14.2%
1 Year171.4%171.4%28.0%26.9%3.3%-0.4%
3 Year46.2%46.2%35.6%32.7%13.7%2.8%
5 Yearn/a135.1%127.6%59.6%35.0%

Long-Term 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?

2.92x

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 CA 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's PB Ratio (2.9x) is in line with the CA Metals and Mining industry average.


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?

25.8%

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 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?

-6.3%

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, and losses have increased over the past 5 years at a rate of 6.3% 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 (78.3%).


Return on Equity

High ROE: IPG has a negative Return on Equity (-12.3%), as it is currently unprofitable.


Next Steps

Financial Health

How is Imperial Mining Group's financial position?


Financial Position Analysis

Short Term Liabilities: IPG's short term assets (CA$303.7K) exceed its short term liabilities (CA$205.7K).

Long Term Liabilities: IPG's short term assets (CA$303.7K) exceed its long term liabilities (CA$25.4K).


Debt to Equity History and Analysis

Debt Level: IPG's debt to equity ratio (0.4%) is considered satisfactory.

Reducing Debt: IPG's debt to equity ratio has reduced from 15.5% to 0.4% over the past 5 years.


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: IPG has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: IPG is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate IPG'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 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?

3.1yrs

Average board tenure


CEO

Peter Cashin (62 yo)

3.08yrs

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 ($USD143.93K) is about average for companies of similar size in the Canadian market ($USD152.92K).

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


Board Members

NamePositionTenureCompensationOwnership
Peter Cashin
President3.08yrsCA$183.88k0.91%
CA$ 221.5k
Donald Bubar
Independent Chairman of the Boardno datano data0.45%
CA$ 108.8k
MacKenzie Watson
Chairman of the Technical Advisory Committeeno datano datano data
Steven Brunelle
Independent Director3.08yrsno data0.18%
CA$ 44.2k
Philippe Cloutier
Independent Director3.08yrsno data0.098%
CA$ 23.9k
Siri Genik
Independent Director2.83yrsno datano data

3.1yrs

Average Tenure

63yo

Average Age

Experienced Board: IPG's board of directors are considered experienced (3.1 years average tenure).


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 substantially diluted in the past year, with total shares outstanding growing by 64.1%.


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: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$24.353m
  • Shares outstanding: 128.17m
  • 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
IMPN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 2018

Biography

Imperial Mining Group Ltd. operates as a mineral exploration company in Canada. The company primarily explores for copper-zinc, gold, scandium-niobium-tantalum, and silver deposits. The company holds inter...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/28 00:54
End of Day Share Price2021/01/27 00:00
Earnings2020/11/30
Annual Earnings2020/08/31


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.