iMetal Resources Inc. explores for and develops mineral properties in Canada.
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has iMetal Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ADTF.F's share price has been volatile over the past 3 months.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: ADTF.F underperformed the US Metals and Mining industry which returned 8.4% over the past year.
Return vs Market: ADTF.F underperformed the US Market which returned 7.1% over the past year.
Price Volatility Vs. Market
How volatile is iMetal Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is iMetal 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 ADTF.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ADTF.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ADTF.F is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: ADTF.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ADTF.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ADTF.F is overvalued based on its PB Ratio (1.3x) compared to the US Metals and Mining industry average (1.3x).
How is iMetal 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 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 SimplyWall St do have past financial data.
- Take a look at our analysis of ADTF.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- 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.
- Explore growth companies in the Materials industry.
How has iMetal Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADTF.F is currently unprofitable.
Growing Profit Margin: ADTF.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ADTF.F is unprofitable, but has reduced losses over the past 5 years at a rate of 17.9% per year.
Accelerating Growth: Unable to compare ADTF.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ADTF.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-12.4%).
Return on Equity
High ROE: ADTF.F has a negative Return on Equity (-25.28%), as it is currently unprofitable.
How is iMetal Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ADTF.F's short term assets (CA$73.4K) do not cover its short term liabilities (CA$175.4K).
Long Term Liabilities: ADTF.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ADTF.F's debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: ADTF.F's debt to equity ratio has reduced from 8.4% to 0.3% over the past 5 years.
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: ADTF.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ADTF.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.8% each year
What is iMetal Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ADTF.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ADTF.F'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 ADTF.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ADTF.F'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 ADTF.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Johan Stig Grandin
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, 201 ...
CEO Compensation Analysis
Compensation vs Market: Johan Stig's total compensation ($USD130.51K) is below average for companies of similar size in the US market ($USD589.04K).
Compensation vs Earnings: Johan Stig's compensation has increased whilst the company is unprofitable.
|CFO & Director||1.58yrs||CA$90.00k||1.8% CA$57.3k|
|Senior Consulting Geologist||1.33yrs||no data||no data|
|Company Secretary||16.33yrs||no data||no data|
Experienced Management: ADTF.F's management team is considered experienced (4.3 years average tenure).
|CFO & Director||1.58yrs||CA$90.00k||1.8% CA$57.3k|
|Member of Advisory Committee||3.08yrs||no data||no data|
|Independent Director||7.5yrs||CA$13.75k||0.64% CA$20.3k|
|Independent Director||1.42yrs||CA$18.01k||no data|
|Member of Advisory Board||1.92yrs||no data||no data|
|Independent Director||2yrs||CA$3.70k||0.068% CA$2.2k|
|Member of Advisory Board||no data||no data||no data|
Experienced Board: ADTF.F's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 32.5%.
iMetal Resources Inc.'s company bio, employee growth, exchange listings and data sources
- Name: iMetal Resources Inc.
- Ticker: ADTF.F
- Exchange: OTCPK
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$4.402m
- Listing Market Cap: CA$3.191m
- Shares outstanding: 146.72m
- Website: https://www.imetalresources.ca
- iMetal Resources Inc.
- 510 – 580 Hornby Street
- British Columbia
- V6C 3B6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IMR||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Sep 1989|
|A7V1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 1989|
|ADTF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 1989|
iMetal Resources Inc. explores for and develops mineral properties in Canada. The company explores for precious and base metal resources. It owns the Gowganda West Project covering an area of 145 squares kilometers situated in Ontario; various claims in the Temagami North Property situated in north-eastern Ontario; and 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 06:27|
|End of Day Share Price||2020/05/26 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.