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IPT

IMPACT Silver TSXV:IPT Stock Report

Last Price

CA$0.32

Market Cap

CA$46.7m

7D

18.9%

1Y

-34.4%

Updated

05 Oct, 2022

Data

Company Financials
IPT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

IPT Stock Overview

IMPACT Silver Corp. engages in the exploration, development, and mineral processing activities in Mexico.

Risk Analysis

Does not have a meaningful market cap (CA$47M)


IMPACT Silver Competitors

Price History & Performance

Summary of all time highs, changes and price drops for IMPACT Silver
Historical stock prices
Current Share PriceCA$0.32
52 Week HighCA$0.69
52 Week LowCA$0.24
Beta1.48
1 Month Change12.50%
3 Month Change10.53%
1 Year Change-34.38%
3 Year Change-17.11%
5 Year Change-11.27%
Change since IPO-79.00%

Recent News & Updates

Aug 01
We're Not Very Worried About IMPACT Silver's (CVE:IPT) Cash Burn Rate

We're Not Very Worried About IMPACT Silver's (CVE:IPT) Cash Burn Rate

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Jun 09
IMPACT Silver (CVE:IPT) Is Looking To Continue Growing Its Returns On Capital

IMPACT Silver (CVE:IPT) Is Looking To Continue Growing Its Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...

Apr 09
IMPACT Silver (CVE:IPT) Is In A Strong Position To Grow Its Business

IMPACT Silver (CVE:IPT) Is In A Strong Position To Grow Its Business

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

IPTCA Metals and MiningCA Market
7D18.9%7.2%3.2%
1Y-34.4%-6.1%-3.0%

Return vs Industry: IPT underperformed the Canadian Metals and Mining industry which returned -5% over the past year.

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

Price Volatility

Is IPT's price volatile compared to industry and market?
IPT volatility
IPT Average Weekly Movement12.1%
Metals and Mining Industry Average Movement11.9%
Market Average Movement10.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.8%

Stable Share Price: IPT is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: IPT's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aFred Davidsonhttps://impactsilver.com

IMPACT Silver Corp. engages in the exploration, development, and mineral processing activities in Mexico. The company produces silver, lead, zinc, gold, and copper deposits. It primarily owns interests in the Royal Mines of Zacualpan Silver-Gold District and the Capire Mineral District covering an area of approximately 211 square kilometers located in central Mexico.

IMPACT Silver Fundamentals Summary

How do IMPACT Silver's earnings and revenue compare to its market cap?
IPT fundamental statistics
Market CapCA$46.68m
Earnings (TTM)-CA$1.36m
Revenue (TTM)CA$16.24m

2.9x

P/S Ratio

-34.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IPT income statement (TTM)
RevenueCA$16.24m
Cost of RevenueCA$13.68m
Gross ProfitCA$2.55m
Other ExpensesCA$3.91m
Earnings-CA$1.36m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.0092
Gross Margin15.72%
Net Profit Margin-8.39%
Debt/Equity Ratio0%

How did IPT perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is IPT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IPT?

Other financial metrics that can be useful for relative valuation.

IPT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.7x
Enterprise Value/EBITDA-671.2x
PEG Ration/a

Price to Sales Ratio vs Peers

How does IPT's PS Ratio compare to its peers?

IPT PS Ratio vs Peers
The above table shows the PS ratio for IPT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average3.1x
EXN Excellon Resources
0.4xn/aCA$17.9m
APM Andean Precious Metals
0.7x-0.7%CA$127.9m
GGD GoGold Resources
9.2x54.6%CA$508.6m
SVM Silvercorp Metals
2.1x2.4%CA$635.4m
IPT IMPACT Silver
2.9xn/aCA$46.7m

Price-To-Sales vs Peers: IPT is good value based on its Price-To-Sales Ratio (2.9x) compared to the peer average (3.1x).


Price to Earnings Ratio vs Industry

How does IPT's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Sales vs Industry: IPT is expensive based on its Price-To-Sales Ratio (2.9x) compared to the Canadian Metals and Mining industry average (2.3x)


Price to Sales Ratio vs Fair Ratio

What is IPT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IPT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.9x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate IPT's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of IPT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate IPT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate IPT's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is IMPACT Silver forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.6%

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 IMPACT Silver 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.


Discover growth companies

  • Examine IMPACT Silver'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.
  • IMPACT Silver competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has IMPACT Silver performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


39.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: IPT is currently unprofitable.

Growing Profit Margin: IPT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IPT is unprofitable, but has reduced losses over the past 5 years at a rate of 39.5% per year.

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

Earnings vs Industry: IPT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.3%).


Return on Equity

High ROE: IPT has a negative Return on Equity (-2.24%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is IMPACT Silver's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: IPT's short term assets (CA$21.9M) exceed its short term liabilities (CA$2.0M).

Long Term Liabilities: IPT's short term assets (CA$21.9M) exceed its long term liabilities (CA$4.3M).


Debt to Equity History and Analysis

Debt Level: IPT is debt free.

Reducing Debt: IPT had no debt 5 years ago.


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: IPT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: IPT has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 1.2% each year


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Dividend

What is IMPACT Silver current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

IMPACT Silver Dividend Yield vs Market
How does IMPACT Silver dividend yield compare to the market?
SegmentDividend Yield
Company (IMPACT Silver)n/a
Market Bottom 25% (CA)1.9%
Market Top 25% (CA)5.9%
Industry Average (Metals and Mining)2.6%
Analyst forecast in 3 Years (IMPACT Silver)n/a

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

High Dividend: Unable to evaluate IPT'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 IPT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IPT's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as IPT has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.7yrs

Average management tenure


CEO

Fred Davidson

23.17yrs

Tenure

CA$482,312

Compensation

Mr. Frederick W. Davidson, also known as Fred, MBA, C.A., has been the Chief Executive Officer and President at IMPACT Silver Corp. (formerly, Impact Minerals International Inc.) since August 1999. He serv...


CEO Compensation Analysis

Fred Davidson's Compensation vs IMPACT Silver Earnings
How has Fred Davidson's remuneration changed compared to IMPACT Silver's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

-CA$1m

Mar 31 2022n/an/a

-CA$348k

Dec 31 2021CA$482kCA$266k

-CA$545k

Sep 30 2021n/an/a

CA$2m

Jun 30 2021n/an/a

CA$3m

Mar 31 2021n/an/a

CA$2m

Dec 31 2020CA$280kCA$217k

CA$2m

Sep 30 2020n/an/a

-CA$362k

Jun 30 2020n/an/a

-CA$1m

Mar 31 2020n/an/a

-CA$4m

Dec 31 2019CA$246kCA$171k

-CA$5m

Sep 30 2019n/an/a

-CA$6m

Jun 30 2019n/an/a

-CA$7m

Mar 31 2019n/an/a

-CA$5m

Dec 31 2018CA$238kCA$174k

-CA$5m

Sep 30 2018n/an/a

-CA$5m

Jun 30 2018n/an/a

-CA$5m

Mar 31 2018n/an/a

-CA$5m

Dec 31 2017CA$238kCA$174k

-CA$5m

Sep 30 2017n/an/a

-CA$3m

Jun 30 2017n/an/a

-CA$3m

Mar 31 2017n/an/a

-CA$2m

Dec 31 2016CA$462kCA$174k

-CA$2m

Sep 30 2016n/an/a

-CA$968k

Jun 30 2016n/an/a

-CA$560k

Mar 31 2016n/an/a

-CA$1m

Dec 31 2015CA$188kCA$174k

-CA$1m

Compensation vs Market: Fred's total compensation ($USD352.75K) is above average for companies of similar size in the Canadian market ($USD178.72K).

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


Leadership Team

Experienced Management: IPT's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: IPT's board of directors are seasoned and experienced ( 16.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

TSXV:IPT Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
16 May 22BuyCA$3,300Frederick DavidsonIndividual10,000CA$0.33
22 Dec 21BuyCA$4,600Frederick DavidsonIndividual10,000CA$0.46

Ownership Breakdown

What is the ownership structure of IPT?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders1,852,8251.3%
Institutions6,515,2364.4%
General Public139,819,64994.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 9 shareholders own 5.65% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
2.36%
Dolefin SA
3,500,000CA$1.1m0%0.78%
1.85%
KONTOR STÖWER Asset Management GmbH
2,735,236CA$861.6k0%0.23%
0.35%
Robert Lishman
525,000CA$165.4k0%no data
0.35%
Frederick Davidson
517,750CA$163.1k0%no data
0.21%
Richard Mazur
307,575CA$96.9k0%no data
0.21%
George Gorzynski
305,500CA$96.2k0%no data
0.19%
ArcInvest AG
280,000CA$88.2k0%0.61%
0.082%
Peter Tredger
122,000CA$38.4k454.55%no data
0.051%
Victor Tanaka
75,000CA$23.6k0%no data

Company Information

IMPACT Silver Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: IMPACT Silver Corp.
  • Ticker: IPT
  • Exchange: TSXV
  • Founded: 2006
  • Industry: Silver
  • Sector: Materials
  • Implied Market Cap: CA$46.679m
  • Shares outstanding: 148.19m
  • Website: https://impactsilver.com

Location

  • IMPACT Silver Corp.
  • 543 Granville Street
  • Suite 705
  • Vancouver
  • British Columbia
  • V6C 1X8
  • Canada


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IPTTSXV (TSX Venture Exchange)YesCommon SharesCACADAug 1989
IKLDB (Deutsche Boerse AG)YesCommon SharesDEEURAug 1989
ISVL.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDAug 1989

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/05 00:00
End of Day Share Price2022/10/05 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.