TSXV:IRI

Stock Analysis Report

Executive Summary

IEMR Resources Inc., an exploration stage company, primarily engages in the acquisition, exploration, and development of mineral properties.


Snowflake Analysis

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.


Market Performance


7 Day Return

0%

IRI

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

n/a

IRI

2.2%

CA Metals and Mining

-2.0%

CA Market

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.


Shareholder returns

IRIIndustryMarket
7 Day0%-6.0%-6.2%
30 Day0%-1.0%-5.0%
90 Day0%4.9%-2.8%
1 Yearn/a2.9%2.2%1.1%-2.0%
3 Year-66.7%-66.7%-2.8%-4.5%10.7%0.6%
5 Yearn/a25.0%21.4%27.6%8.9%

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

Valuation

Is IEMR Resources undervalued compared to its fair value and its price relative to the market?

0.29x

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).


Next Steps

Future Growth

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

15.0%

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 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.


Next Steps

Past Performance

How has IEMR Resources performed over the past 5 years?

6.6%

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.


Next Steps

Financial Health

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%.


Balance Sheet

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


Next Steps

Dividend

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.


Next Steps

Management

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

4.7yrs

Average board tenure


CEO

Charles Yuen 0

3.8yrs

Tenure

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  ...


Board Members

NamePositionTenureCompensationOwnership
Charles Yuen
CEO & Director3.8yrsno data0.16% CA$1.5k
Zheng Fu
President3.8yrsno data75.99% CA$720.4k
Natalie Shi
Independent Director4.7yrsno datano data

4.7yrs

Average Tenure

Experienced Board: IRI's board of directors are considered experienced (4.7 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.


Ownership Breakdown

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


Top Shareholders

Company Information

IEMR Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • IEMR Resources Inc.
  • 1500 West Georgia Street
  • Suite 1300
  • Vancouver
  • British Columbia
  • V6G 2Z6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IRITSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2009

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 01:07
End of Day Share Price2020/02/27 00:00
Earnings2019/10/31
Annual Earnings2019/10/31


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.