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iMetal Resources ( (TSE:IMR) ) just unveiled an update.
iMetal Resources has received shareholder approval for a new omnibus incentive plan that allows the company to grant stock options, restricted share units and deferred share units, reserving up to 10% of its outstanding share capital for options and an additional 1,007,465 shares for other equity-based incentives. The company also corrected its previously reported figures for a December 17, 2025 flow-through private placement, confirming it issued 4,164,623 units at $0.13 per unit for total gross proceeds of $541,400.99, a clarification that provides investors with more accurate information on its recent financing activities and equity compensation capacity.
The most recent analyst rating on (TSE:IMR) stock is a Sell with a C$0.13 price target. To see the full list of analyst forecasts on iMetal Resources stock, see the TSE:IMR Stock Forecast page.
Spark’s Take on TSE:IMR Stock
According to Spark, TipRanks’ AI Analyst, TSE:IMR is a Neutral.
The score is weighed down primarily by weak financial performance (no revenue, recurring losses, and ongoing cash burn) and bearish technicals (price below key moving averages with negative MACD). A low-debt balance sheet provides some risk mitigation, but valuation metrics offer limited support given negative earnings and no dividend.
To see Spark’s full report on TSE:IMR stock, click here.
More about iMetal Resources
iMetal Resources Inc. is a Canadian-based junior mineral exploration company focused on advancing a portfolio of resource properties in Ontario and Quebec. Its flagship Gowganda West project is an exploration-stage gold asset in the Shining Tree Camp of the Abitibi Greenstone Gold Belt, adjacent to the Juby Deposit and south-southeast of the Timmins Gold Camp. The company also holds the Ghost Mountain property near Kirkland Lake, close to Agnico Eagle’s Holt and Holloway Mine, and the Carheil project in the Northern Abitibi Greenstone Belt, which has multi-metal potential and prior graphite results.
Average Trading Volume: 192,671
Technical Sentiment Signal: Sell
Current Market Cap: C$5.65M
For detailed information about IMR stock, go to TipRanks’ Stock Analysis page.