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IMC Exploration Group Plc (GB:IMC)
:IMC
UK Market

IMC Exploration Group Plc (IMC) AI Stock Analysis

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IMC Exploration Group Plc

(LSE:IMC)

Rating:48Neutral
Price Target:
IMC Exploration Group Plc's overall score reflects the company's early revenue growth amid financial challenges, balanced by positive short-term market momentum and strategic corporate events. While profitability and cash flow are concerns, the company's strategic initiatives and market conditions provide a moderate outlook for improvement.

IMC Exploration Group Plc (IMC) vs. iShares MSCI United Kingdom ETF (EWC)

IMC Exploration Group Plc Business Overview & Revenue Model

Company DescriptionIMC Exploration Group Public Limited Company explores for gold, zinc, silver, and other minerals primarily in the Republic of Ireland. The company's primary projects include Avoca, Co. Wicklow; the north Wexford gold project; and zinc project located near to the Kilbricken deposit in Tulla, Co. Clare. IMC Exploration Group Public Limited Company was incorporated in 2011 and is based in Dublin, the Republic of Ireland.
How the Company Makes MoneyIMC Exploration Group Plc generates revenue through the exploration and potential development of mineral resources, primarily gold and base metals. The company earns money by increasing the value of its mining assets through exploration activities that enhance the proven and probable reserves. Over time, IMC aims to transition from exploration to mining, generating income from the sale of extracted minerals. Additionally, the company may engage in partnerships or joint ventures with other mining enterprises to share the costs and risks associated with exploration and development, thus benefiting from shared revenues from successful projects. Any substantial commercial extraction and sale of resources or strategic alliances significantly contribute to IMC's earnings.

IMC Exploration Group Plc Financial Statement Overview

Summary
IMC Exploration Group Plc is exhibiting early signs of growth with the introduction of revenue; however, profitability and cash flow remain significant concerns. The company faces challenges with negative net income and cash flow, which are offset by a moderately strong equity position.
Income Statement
32
Negative
The company has shown a significant revenue increase in the latest year, moving from no revenue in previous years to 1.52 million in the current period. However, profitability remains a concern with a negative net income and EBIT, indicating ongoing struggles to control costs or generate sufficient gross profit. The gross profit margin is approximately 45.64%, which is a positive indicator of cost management, but the negative net profit margin of -9.66% reflects overall financial challenges.
Balance Sheet
40
Negative
The balance sheet reveals a relatively high level of stockholders' equity compared to total assets, with an equity ratio of 70.80%, suggesting a solid equity base. However, the debt-to-equity ratio of 0.16 indicates some leverage, though not excessive. The negative net income impacts the return on equity, which is also negative, pointing to inefficiencies in generating returns for shareholders.
Cash Flow
28
Negative
The cash flow statement reflects significant challenges, with negative free cash flow and operating cash flow, indicating liquidity issues. Free cash flow to net income ratio is negative, showing that the company is not generating sufficient cash to cover its costs. The company relies heavily on financing cash flow, which may not be sustainable long-term.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue0.001.52M0.000.000.000.00
Gross Profit695.90K0.000.000.000.00
EBITDA207.73K-324.01K-259.89K-250.61K-251.52K
Net Income-147.25K-324.92K-260.80K-336.43K-251.95K
Balance Sheet
Total Assets7.16M8.06M751.30K664.03K504.38K551.88K
Cash, Cash Equivalents and Short-Term Investments7.04K-29.60K101.02K23.40K52.12K-34.77K
Total Debt794.87K889.72K662.29K353.14K0.000.00
Total Liabilities2.27M2.35M956.55K648.16K227.71K205.15K
Stockholders Equity4.89M5.71M-205.25K15.87K276.66K346.73K
Cash Flow
Free Cash Flow-874.38K-26.18K-28.72K-179.48K-313.94K
Operating Cash Flow-709.76K-13.69K163.26K-170.31K-312.57K
Investing Cash Flow-172.63K-12.50K-191.99K-9.17K-1.37K
Financing Cash Flow751.88K103.80K266.37K266.37K309.58K

IMC Exploration Group Plc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.64
Price Trends
50DMA
0.59
Positive
100DMA
0.55
Positive
200DMA
0.56
Positive
Market Momentum
MACD
0.01
Negative
RSI
92.68
Negative
STOCH
75.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:IMC, the sentiment is Positive. The current price of 0.64 is above the 20-day moving average (MA) of 0.59, above the 50-day MA of 0.59, and above the 200-day MA of 0.56, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 92.68 is Negative, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:IMC.

IMC Exploration Group Plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBIMC
48
Neutral
£4.68M-10.34%-93.51%12.50%
44
Neutral
C$992.05M-6.72-13.73%2.53%17.45%-32.50%
GBAYM
32
Underperform
£3.98M-6.02%31.25%
GBBEM
29
Underperform
£6.26M-11.56%
GBBZT
£7.32M-18.33%
GBTHR
36
Underperform
£5.53M-5.49%83.64%
GBBHL
£4.10M0.0218.12%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:IMC
IMC Exploration Group Plc
0.64
-0.31
-32.63%
GB:AYM
Anglesey Mining
0.82
-0.23
-21.90%
GB:BEM
Beowulf Mining
10.50
-28.50
-73.08%
GB:BZT
Bezant Resources
0.05
0.03
150.00%
GB:THR
Thor Mining
0.50
-0.60
-54.55%
GB:BHL
Bradda Head Lithium Limited
1.05
-0.85
-44.74%

IMC Exploration Group Plc Corporate Events

Executive/Board ChangesPrivate Placements and Financing
IMC Exploration Group Issues New Shares for Compensation
Positive
Apr 4, 2025

IMC Exploration Group Plc has announced the issuance of 13,800,000 new ordinary shares as compensation for introductory and professional services fees, including shares awarded to two newly appointed directors. This move, which aligns with the company’s strategic compensation practices, is expected to enhance its operational flexibility and strengthen its market presence by aligning the interests of its directors and service providers with those of shareholders.

Delistings and Listing ChangesBusiness Operations and StrategyFinancial Disclosures
IMC Exploration Group Reports Progress Amid Favorable Market Conditions
Positive
Mar 28, 2025

IMC Exploration Group Plc has reported its unaudited half-yearly financial results for the period ending December 2024, highlighting significant progress in both Ireland and Armenia. The company is advancing its projects in response to the EU’s Critical Raw Materials Act, with plans to process spoils and tailings in Avoca, Ireland, and exploring opportunities to re-open the Avoca copper mine. In Armenia, IMC is working towards dual listing on the Armenian Securities Exchange and has secured a contract to process ore at the Masis plant. The company is optimistic about its development prospects given the rising prices of gold, silver, and copper, and the supportive regulatory environment.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 20, 2025