Imetal Resources Stock Analysis

IMetal Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.35. Some equities with similar Price to Book (P/B) outperform the market in the long run. iMetal Resources recorded a loss per share of 0.14. The entity last dividend was issued on the 4th of September 2020. The firm had 1:10 split on the 1st of March 2024. 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. To learn more about iMetal Resources call Satvir Dhillon at (604) 484-3031 or check out https://www.imetalresources.ca.

iMetal Resources Investment Alerts

IMetal Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.91 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate IMetal Resources's market, we take the total number of its shares issued and multiply it by IMetal Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

IMetal Profitablity

Management Efficiency

iMetal Resources has return on total asset (ROA) of (0.0829) % which means that it has lost $0.0829 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1606) %, meaning that it generated substantial loss on money invested by shareholders. IMetal Resources' management efficiency ratios could be used to measure how well IMetal Resources manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.37 in 2025. Return On Capital Employed is likely to drop to -0.21 in 2025. At this time, IMetal Resources' Net Tangible Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 2.6 M in 2025, whereas Total Assets are likely to drop slightly above 3.7 M in 2025.

Technical Drivers

As of the 23rd of July, IMetal Resources retains the Standard Deviation of 7.88, market risk adjusted performance of 0.1179, and Risk Adjusted Performance of 0.004. IMetal Resources technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out iMetal Resources mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if IMetal Resources is priced adequately, providing market reflects its last-minute price of 0.18 per share.

iMetal Resources Price Movement Analysis

IMetal Resources Outstanding Bonds

IMetal Resources Predictive Daily Indicators

IMetal Resources Forecast Models

IMetal Resources' time-series forecasting models are one of many IMetal Resources' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary IMetal Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how IMetal Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling IMetal shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as IMetal Resources. By using and applying IMetal Stock analysis, traders can create a robust methodology for identifying IMetal entry and exit points for their positions.

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.