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iMetal Resources

OTCPK:ADTF.F
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ADTF.F
OTCPK
CA$6M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

iMetal Resources Inc. explores for and develops mineral properties in Canada. The last earnings update was 26 days ago. More info.


Add to Portfolio Compare Print
  • iMetal Resources has significant price volatility in the past 3 months.
ADTF.F Share Price and Events
7 Day Returns
0%
OTCPK:ADTF.F
-3.6%
US Metals and Mining
-2.1%
US Market
1 Year Returns
-35.5%
OTCPK:ADTF.F
-30.6%
US Metals and Mining
1.3%
US Market
ADTF.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
iMetal Resources (ADTF.F) 0% -31% -68.1% -35.5% - -
US Metals and Mining -3.6% -11.5% -15.7% -30.6% 3.6% -21%
US Market -2.1% -4.2% 0% 1.3% 33.5% 38%
1 Year Return vs Industry and Market
  • ADTF.F underperformed the Metals and Mining industry which returned -30.6% over the past year.
  • ADTF.F underperformed the Market in United States of America which returned 1.3% over the past year.
Price Volatility
ADTF.F
Industry
5yr Volatility vs Market

ADTF.F Value

 Is iMetal Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for iMetal Resources. This is due to cash flow or dividend data being unavailable. The share price is $0.04.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for iMetal Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are iMetal Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:ADTF.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-02-28) in CAD CA$-0.01
TSXV:IMR Share Price ** TSXV (2019-05-16) in CAD CA$0.05
United States of America Metals and Mining Industry PE Ratio Median Figure of 46 Publicly-Listed Metals and Mining Companies 9.23x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of iMetal Resources.

OTCPK:ADTF.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:IMR Share Price ÷ EPS (both in CAD)

= 0.05 ÷ -0.01

-4.56x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iMetal Resources is loss making, we can't compare its value to the US Metals and Mining industry average.
  • iMetal Resources is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does iMetal Resources's expected growth come at a high price?
Raw Data
OTCPK:ADTF.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Metals and Mining Industry PEG Ratio Median Figure of 25 Publicly-Listed Metals and Mining Companies 0.58x
United States of America Market PEG Ratio Median Figure of 2,120 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for iMetal Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on iMetal Resources's assets?
Raw Data
OTCPK:ADTF.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-02-28) in CAD CA$0.02
TSXV:IMR Share Price * TSXV (2019-05-16) in CAD CA$0.05
United States of America Metals and Mining Industry PB Ratio Median Figure of 104 Publicly-Listed Metals and Mining Companies 1.43x
United States of America Market PB Ratio Median Figure of 5,207 Publicly-Listed Companies 1.8x
OTCPK:ADTF.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:IMR Share Price ÷ Book Value per Share (both in CAD)

= 0.05 ÷ 0.02

2.47x

* Primary Listing of iMetal Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iMetal Resources is overvalued based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess iMetal Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. iMetal Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ADTF.F Future Performance

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

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 iMetal 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is iMetal Resources expected to grow at an attractive rate?
  • Unable to compare iMetal Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare iMetal Resources's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare iMetal Resources's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:ADTF.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 18.7%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:ADTF.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:ADTF.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-02-28 -1 -1
2018-11-30 -1 -1
2018-08-31 -1 -1
2018-05-31 -1 -1
2018-02-28 -1 -1
2017-11-30 -1 -1
2017-08-31 0 0
2017-05-31 0 0
2017-02-28 0 -2
2016-11-30 0 -2
2016-08-31 -1 -1
2016-05-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if iMetal Resources is high growth as no earnings estimate data is available.
  • Unable to determine if iMetal Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:ADTF.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from iMetal Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ADTF.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-02-28 -0.01
2018-11-30 -0.01
2018-08-31 -0.01
2018-05-31 -0.01
2018-02-28 -0.01
2017-11-30 -0.01
2017-08-31 0.00
2017-05-31 0.00
2017-02-28 -0.03
2016-11-30 -0.04
2016-08-31 -0.02
2016-05-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if iMetal Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine iMetal 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.
  2. iMetal Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access iMetal Resources's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess iMetal Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
iMetal Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ADTF.F Past Performance

  How has iMetal Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare iMetal Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • iMetal Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare iMetal Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare iMetal Resources's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
iMetal Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from iMetal Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ADTF.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-02-28 -0.95 0.90
2018-11-30 -0.89 0.84
2018-08-31 -0.79 0.74
2018-05-31 -0.78 0.75
2018-02-28 -0.75 0.74
2017-11-30 -0.70 0.69
2017-08-31 -0.26 0.51
2017-05-31 -0.23 0.46
2017-02-28 -1.55 0.48
2016-11-30 -1.58 0.51
2016-08-31 -0.65 0.55
2016-05-31 -0.69 0.60
2016-02-29 -0.80 0.72
2015-11-30 -0.91 0.73
2015-08-31 -2.06 0.69
2015-05-31 -1.99 0.63
2015-02-28 -1.83 0.42
2014-11-30 -1.70 0.36
2014-08-31 -1.88 0.48
2014-05-31 -1.98 0.57
2014-02-28 -3.36 0.60
2013-11-30 -3.42 0.68
2013-08-31 -3.39 0.65
2013-05-31 -3.45 0.71
2013-02-28 -0.87 0.77
2012-11-30 -1.15 0.99
2012-08-31 -1.37 1.16
2012-05-31 -2.00 1.68

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if iMetal Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if iMetal Resources has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if iMetal Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess iMetal Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
iMetal Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ADTF.F Health

 How is iMetal Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up iMetal Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • iMetal Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • iMetal Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of iMetal Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 52.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from iMetal Resources Company Filings, last reported 2 months ago.

OTCPK:ADTF.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-02-28 2.04 0.01 0.27
2018-11-30 1.75 0.01 0.39
2018-08-31 1.11 0.01 0.04
2018-05-31 1.15 0.01 0.14
2018-02-28 1.26 0.00 0.33
2017-11-30 0.89 0.00 0.09
2017-08-31 0.78 0.00 0.23
2017-05-31 0.86 0.01 0.36
2017-02-28 0.30 0.01 0.01
2016-11-30 0.24 0.01 0.00
2016-08-31 0.06 0.01 0.06
2016-05-31 0.15 0.01 0.20
2016-02-29 0.67 0.01 0.05
2015-11-30 0.81 0.01 0.17
2015-08-31 -1.14 0.06 0.00
2015-05-31 -1.02 0.06 0.01
2015-02-28 0.63 0.05 0.00
2014-11-30 0.86 0.05 0.03
2014-08-31 0.91 0.05 0.01
2014-05-31 0.98 0.05 0.01
2014-02-28 2.46 0.04 0.01
2013-11-30 2.56 0.03 0.03
2013-08-31 2.65 0.05 0.01
2013-05-31 2.81 0.04 0.02
2013-02-28 5.67 0.01 0.04
2012-11-30 5.83 0.00 0.03
2012-08-31 5.82 0.00 0.03
2012-05-31 5.60 0.18 0.08
  • iMetal Resources's level of debt (0.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (1.6% vs 0.4% today).
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.

  • iMetal Resources has less than a year of cash runway based on current free cash flow.
  • iMetal Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 14.3% each year.
X
Financial health checks
We assess iMetal Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. iMetal Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ADTF.F Dividends

 What is iMetal Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from iMetal Resources dividends.
If you bought $2,000 of iMetal Resources shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate iMetal Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate iMetal Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:ADTF.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as iMetal Resources has not reported any payouts.
  • Unable to verify if iMetal Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of iMetal Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as iMetal Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess iMetal Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can iMetal Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. iMetal Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ADTF.F Management

 What is the CEO of iMetal Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Johan Stig Grandin
COMPENSATION CA$154,663
TENURE AS CEO 1 years
CEO Bio

Mr. Johan Stig Hans Grandin has been Chief Executive Officer and President since May 7, 2018 and served as the Chairman at iMetal Resources Inc. (also known as Adroit Resources Inc.) since November 21, 2013 until August 2018. Mr. Grandin was the Chairman of the Board and Chief Executive Officer of E.S.I. Environmental Sensors Inc. since June 2016 until August 2018. Mr. Grandin is working with Element and Associates of Vancouver, BC. He previously served as Chief Executive Officer at iMetal since November 2013 until 2017 and President until 2017. He has more than 20 years of experience working with public companies and a proven track record in raising venture capital. He has an extensive expertise in corporate financial restructuring and capital markets. Through his past officer and director positions for various public issuers, Mr. Grandin has learned to streamline growth initiatives with precision. He has been a Director of iMetal Resources Inc. since November 21, 2013. He was a Director of E.S.I. Environmental Sensors Inc. since April 2011 until August 2018. Having worked in the field of engineering, Mr. Grandin holds a Masters of Science degree in Business Economics and Engineering Physics.

CEO Compensation
  • Johan Stig's compensation has increased whilst company is loss making.
  • Johan Stig's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the iMetal Resources management team in years:

3.3
Average Tenure
  • The tenure for the iMetal Resources management team is about average.
Management Team

Johan Stig Grandin

TITLE
President
COMPENSATION
CA$155K
TENURE
1 yrs

Scott Davis

TITLE
CFO & Director
COMPENSATION
CA$23K
AGE
39
TENURE
5.6 yrs

Mark Fedikow

TITLE
VP of Exploration & Director
COMPENSATION
CA$38K
AGE
66
TENURE
5.5 yrs

Michael Blanchard

TITLE
TENURE
0.6 yrs
Board of Directors Tenure

Average tenure and age of the iMetal Resources board of directors in years:

1
Average Tenure
66
Average Age
  • The average tenure for the iMetal Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Johan Stig Grandin

TITLE
President
COMPENSATION
CA$155K
TENURE
5.5 yrs

Scott Davis

TITLE
CFO & Director
COMPENSATION
CA$23K
AGE
39
TENURE
0.6 yrs

Mark Fedikow

TITLE
VP of Exploration & Director
COMPENSATION
CA$38K
AGE
66
TENURE
6.5 yrs

Jim Dawson

TITLE
Member of Advisory Committee
AGE
77
TENURE
2.1 yrs

Ruth Bezys

TITLE
Director
TENURE
1 yrs

Tom O'connor

TITLE
Member of Advisory Committee

Gary Grabowski

TITLE
Member of Advisory Board
TENURE
0.9 yrs

Saf Dhillon

TITLE
Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by iMetal Resources insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
20. Mar 19 Buy Scott Davis Individual 18. Mar 19 18. Mar 19 50,000 $0.11 $5,620
18. Mar 19 Buy Johan Stig Grandin Individual 18. Mar 19 18. Mar 19 96,667 $0.11 $10,866
09. Nov 18 Buy Johan Stig Grandin Individual 05. Nov 18 05. Nov 18 500,000 $0.06 $30,536
22. Oct 18 Sell Johan Stig Grandin Individual 16. Oct 18 16. Oct 18 -150,000 $0.06 $-9,278
09. Oct 18 Sell Johan Stig Grandin Individual 04. Oct 18 04. Oct 18 -100,000 $0.06 $-5,822
10. Oct 18 Sell Johan Stig Grandin Individual 05. Oct 18 05. Oct 18 -200,000 $0.06 $-11,594
05. Oct 18 Sell Johan Stig Grandin Individual 03. Oct 18 03. Oct 18 -100,000 $0.06 $-5,848
X
Management checks
We assess iMetal Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. iMetal Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ADTF.F News

Simply Wall St News

ADTF.F Company Info

Description

iMetal Resources Inc. explores for and develops mineral properties in Canada. The company primarily explores for precious and base metal resources. It owns the Gowganda West Project covering an area of 105 squares kilometers situated in Ontario; various claims in the Temagami North Property situated in north-eastern Ontario; Carheil property that covers an area of approximately 5,400 acres located in Quebec. iMetal Resources Inc. also has an option agreement to acquire interests in the Mosher Lake property located in Gowganda, Ontario; and Ghost Mountain Property located in Kirkland Lake, Ontario. The company was formerly known as Adroit Resources Inc. and changed its name to iMetal Resources Inc. in November 2015. iMetal Resources Inc. is headquartered in Vancouver, Canada.

Details
Name: iMetal Resources Inc.
ADTF.F
Exchange: OTCPK
Founded:
CA$4,115,100
110,731,583
Website: http://www.imetalresources.ca
Address: iMetal Resources Inc.
510 – 580 Hornby Street,
Vancouver,
British Columbia, V6C 3B6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV IMR Common Shares TSX Venture Exchange CA CAD 22. Sep 1989
OTCPK ADTF.F Common Shares Pink Sheets LLC US USD 22. Sep 1989
DB A7V1 Common Shares Deutsche Boerse AG DE EUR 22. Sep 1989
Number of employees
Current staff
Staff numbers
0
iMetal Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 00:29
End of day share price update: 2019/05/16 00:00
Last earnings filing: 2019/04/29
Last earnings reported: 2019/02/28
Last annual earnings reported: 2018/05/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.