IMetal Resources Financials

IMR Stock  CAD 0.22  0.01  4.76%   
We strongly advise to harness IMetal Resources fundamental analysis to find out if markets are currently mispricing the company. Simply put you can make use of it to find out if iMetal Resources is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate twenty-seven available reported financial drivers for iMetal Resources, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of IMetal Resources to be traded at C$0.275 in 90 days. Key indicators impacting IMetal Resources' financial strength include:
Short Ratio
0.05
Return On Equity
(0.36)
  
Understanding current and past IMetal Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of IMetal Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in IMetal Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in IMetal Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of iMetal Resources. Check IMetal Resources' Beneish M Score to see the likelihood of IMetal Resources' management manipulating its earnings.

IMetal Resources Stock Summary

IMetal Resources competes with Nicola Mining, Richelieu Hardware, Renoworks Software, Summa Silver, and Canso Select. iMetal Resources Inc. explores for and develops mineral properties in Canada. The company was formerly known as Adroit Resources Inc. and changed its name to iMetal Resources Inc. in November 2015. iMetal Resources Inc. was incorporated in 1993 and is headquartered in Vancouver, Canada. IMETAL RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
Foreign Associate
  Poland
Specialization
Basic Materials, Materials
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA45250A3073
Business Address800 West Pender
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.imetalresources.ca
Phone604 484 3031
CurrencyCAD - Canadian Dollar
You should never invest in IMetal Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of IMetal Stock, because this is throwing your money away. Analyzing the key information contained in IMetal Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

IMetal Resources Key Financial Ratios

There are many critical financial ratios that IMetal Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that iMetal Resources reports annually and quarterly.

IMetal Resources Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.8M4.2M6.5M7.4M5.8M3.7M
Net Tangible Assets2.5M3.9M6.2M7.0M8.1M8.5M
Retained Earnings(41.1M)(42.9M)(44.6M)(46.7M)(49.0M)(51.5M)
Accounts Payable80.6K268.2K47.7K246.5K434.3K333.4K
Cash858.0882.5K2.0M893.5K12.4K11.8K
Net Receivables10.4K18.7K19.4K96.9K8.6K8.2K
Total Liab250.4K299.6K244.5K402.7K678.8K528.4K
Short Long Term Debt8.0K8.5K9.0K9.5K8.6K14.4K
Total Current Assets26.4K1.0M2.1M1.1M85.4K81.2K
Common Stock40.2M42.9M46.2M49.1M56.5M43.6M
Net Invested Capital2.5M3.9M6.2M7.0M5.1M4.1M
Net Working Capital(224.1K)704.1K1.8M731.4K(593.4K)(563.7K)
Other Current Liab127.7K16.2K187.3K124.8K81.5K98.8K
Capital Stock40.2M42.9M46.2M49.1M49.5M49.1M

IMetal Resources Key Cash Accounts

201920202021202220232024 (projected)
Investments(652.0K)(293.5K)(374.1K)(1.8M)(393.6K)(413.3K)
Change In Cash(592.8K)881.6K1.1M(1.1M)(881.2K)(837.1K)
Depreciation7.4K5.2K10.8K2.5K1.8K1.7K
Capital Expenditures652.0K293.5K374.1K1.8M393.6K540.4K
Net Income(648.0K)(1.9M)(1.7M)(2.1M)(2.3M)(2.2M)
Change To Netincome364.0351.5K450.7K(179.8K)(206.8K)(196.4K)
End Period Cash Flow858.0882.5K2.0M893.5K12.4K11.8K
Free Cash Flow(908.8K)(1.9M)(1.7M)(4.1M)(1.2M)(1.3M)

IMetal Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining IMetal Resources's current stock value. Our valuation model uses many indicators to compare IMetal Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IMetal Resources competition to find correlations between indicators driving IMetal Resources's intrinsic value. More Info.
iMetal Resources is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IMetal Resources' earnings, one of the primary drivers of an investment's value.

iMetal Resources Systematic Risk

IMetal Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IMetal Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on iMetal Resources correlated with the market. If Beta is less than 0 IMetal Resources generally moves in the opposite direction as compared to the market. If IMetal Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iMetal Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IMetal Resources is generally in the same direction as the market. If Beta > 1 IMetal Resources moves generally in the same direction as, but more than the movement of the benchmark.

iMetal Resources Total Assets Over Time

IMetal Resources December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of IMetal Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iMetal Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of iMetal Resources based on widely used predictive technical indicators. In general, we focus on analyzing IMetal Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IMetal Resources's daily price indicators and compare them against related drivers.

Additional Tools for IMetal Stock Analysis

When running IMetal Resources' price analysis, check to measure IMetal Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IMetal Resources is operating at the current time. Most of IMetal Resources' value examination focuses on studying past and present price action to predict the probability of IMetal Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IMetal Resources' price. Additionally, you may evaluate how the addition of IMetal Resources to your portfolios can decrease your overall portfolio volatility.