Interconnect Ventures Corporation acquires and explores for resource properties.
Flawless balance sheet and overvalued.
Share Price & News
How has Interconnect Ventures's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IVC 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: Insufficient data to determine how IVC performed against the Canadian Metals and Mining industry.
Return vs Market: Insufficient data to determine how IVC performed against the Canadian Market.
Price Volatility Vs. Market
How volatile is Interconnect Ventures's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StInterconnect Ventures Corporation (CVE:IVC): What Does Its Beta Value Mean For Your Portfolio?
3 months ago | Simply Wall StDo Institutions Own Interconnect Ventures Corporation (CVE:IVC) Shares?
4 months ago | Simply Wall StWe're Not Very Worried About Interconnect Ventures's (CVE:IVC) Cash Burn Rate
Is Interconnect Ventures 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 IVC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate IVC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: IVC is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: IVC 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 IVC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IVC is good value based on its PB Ratio (1.3x) compared to the CA Metals and Mining industry average (1.6x).
How is Interconnect Ventures 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 Interconnect Ventures 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 Interconnect Ventures'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.
- Interconnect Ventures competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Interconnect Ventures performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IVC is currently unprofitable.
Growing Profit Margin: IVC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IVC is unprofitable, but has reduced losses over the past 5 years at a rate of 27.7% per year.
Accelerating Growth: Unable to compare IVC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IVC 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: IVC has a negative Return on Equity (-28.59%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Interconnect Ventures's financial position?
Financial Position Analysis
Short Term Liabilities: IVC's short term assets (CA$494.9K) exceed its short term liabilities (CA$29.8K).
Long Term Liabilities: IVC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IVC is debt free.
Reducing Debt: IVC has not had any debt for past 5 years.
Inventory Level: IVC has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if IVC'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: IVC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: IVC has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 18% each year
What is Interconnect Ventures's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate IVC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate IVC'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 IVC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IVC'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 IVC'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
Eyad Abdul Razzak Saleh Abdul Wahab Al Saleh (58yo)
Dr. Eyad Abdul Razzak Saleh Abdul Wahab Sale Al Saleh has been the Chairman and Chief Executive Officer of Interconnect Ventures Corporation since May 3, 2013. Dr. Al Saleh serves as the President and Chi ...
|Chairman & CEO||7.1yrs||no data||9.23% CA$53.8k|
|Independent Director||6.8yrs||no data||no data|
|Independent Director||5.5yrs||no data||5.15% CA$30.0k|
|Independent Director||5.5yrs||no data||5.15% CA$30.0k|
Experienced Board: IVC's board of directors are considered experienced (6.1 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.
Interconnect Ventures Corporation's company bio, employee growth, exchange listings and data sources
- Name: Interconnect Ventures Corporation
- Ticker: IVC
- Exchange: TSXV
- Founded: 2011
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$582.714k
- Shares outstanding: 9.71m
- Website: https://null
- Interconnect Ventures Corporation
- 400 Burrard Street
- Suite 1780
- British Columbia
- V6C 3A6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IVC||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Apr 2012|
Interconnect Ventures Corporation acquires and explores for resource properties. It holds an option to acquire a 100% interest in the SC property comprising one mineral claim totaling 166.42 hectares located in the Nicola Mining Division of British Columbia, Canada. The company was incorporated in 2011 and is based in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 01:57|
|End of Day Share Price||2020/02/05 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.