IEMR Resources Inc., an exploration stage company, primarily engages in the acquisition, exploration, and development of mineral properties.
Flawless balance sheet and overvalued.
Share Price & News
How has IEMR Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IRI's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: Insufficient data to determine how IRI performed against the Canadian Metals and Mining industry.
Return vs Market: Insufficient data to determine how IRI performed against the Canadian Market.
Price Volatility Vs. Market
How volatile is IEMR Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StCompanies Like IEMR Resources (CVE:IRI) Are In A Position To Invest In Growth
3 months ago | Simply Wall StCould IEMR Resources Inc.'s (CVE:IRI) Investor Composition Influence The Stock Price?
5 months ago | Simply Wall StIEMR Resources (CVE:IRI) Is In A Good Position To Deliver On Growth Plans
Is IEMR Resources 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 IRI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate IRI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: IRI is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: IRI 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 IRI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IRI is good value based on its PB Ratio (0.3x) compared to the CA Metals and Mining industry average (1.5x).
How is IEMR Resources 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 IEMR Resources 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 IEMR Resources'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.
- IEMR Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has IEMR Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IRI is currently unprofitable.
Growing Profit Margin: IRI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IRI is unprofitable, but has reduced losses over the past 5 years at a rate of 6.6% per year.
Accelerating Growth: Unable to compare IRI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IRI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).
Return on Equity
High ROE: IRI has a negative Return on Equity (-2.34%), as it is currently unprofitable.
How is IEMR Resources's financial position?
Financial Position Analysis
Short Term Liabilities: IRI's short term assets (CA$1.1M) exceed its short term liabilities (CA$21.6K).
Long Term Liabilities: IRI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IRI is debt free.
Reducing Debt: IRI has no debt compared to 5 years ago when its debt to equity ratio was 1588.2%.
Inventory Level: IRI has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if IRI'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: IRI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: IRI has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -0.1% each year
What is IEMR Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate IRI'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 IRI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IRI'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 IRI'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
Charles Yuen 0
Mr. Charles Yuen has been the Chief Executive Officer of IEMR Resources Inc. since November 30, 2017. Mr. Yuen served as the Chief Financial Officer of IEMR Resources Inc. since December 24, 2013 and also ...
|CEO & Director||3.8yrs||no data||0.16% CA$1.5k|
|President||3.8yrs||no data||75.99% CA$720.4k|
|Independent Director||4.7yrs||no data||no data|
Experienced Board: IRI's board of directors are considered experienced (4.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
IEMR Resources Inc.'s company bio, employee growth, exchange listings and data sources
- Name: IEMR Resources Inc.
- Ticker: IRI
- Exchange: TSXV
- Founded: 2008
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$948.071k
- Shares outstanding: 94.81m
- Website: https://www.iemr.ca
- IEMR Resources Inc.
- 1500 West Georgia Street
- Suite 1300
- British Columbia
- V6G 2Z6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IRI||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Feb 2009|
IEMR Resources Inc., an exploration stage company, primarily engages in the acquisition, exploration, and development of mineral properties. The company holds a 100% interest in the Pine Tree copper-molybdenum property comprising 61 mineral lode claims covering an area of approximately 1320 acres located in the Pilot Mountains in Mina, Nevada. The company was formerly known as Trans National Minerals Inc. and changed its name to IEMR Resources Inc. in September 2010. IEMR Resources Inc. was incorporated in 2008 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 01:07|
|End of Day Share Price||2020/02/27 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.