IMC Exploration Group Plc (IMC) AI Stock Analysis

• Market Cap: £4.68M
• Dividend Yield: N/A
• Average Volume (3M): 187.82K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.85
• Revenue Growth: -93.51%
• EPS Growth: 12.50%
• Country: UK
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 71
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 698,897,460
• 10 Day Avg. Volume: 279,007
• 30 Day Avg. Volume: 187,825
• PEG Ratio: -0.30
• Price to Book (P/B): -11.83
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -92.77
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• 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 Business Overview & Revenue Model

Company Description

IMC 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 Money

IMC 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

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

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

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.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	1.52M	0.00	0.00	0.00	0.00
Gross Profit	―	695.90K	0.00	0.00	0.00	0.00
EBITDA	―	207.73K	-324.01K	-259.89K	-250.61K	-251.52K
Net Income	―	-147.25K	-324.92K	-260.80K	-336.43K	-251.95K
Balance Sheet
Total Assets	7.16M	8.06M	751.30K	664.03K	504.38K	551.88K
Cash, Cash Equivalents and Short-Term Investments	7.04K	-29.60K	101.02K	23.40K	52.12K	-34.77K
Total Debt	794.87K	889.72K	662.29K	353.14K	0.00	0.00
Total Liabilities	2.27M	2.35M	956.55K	648.16K	227.71K	205.15K
Stockholders Equity	4.89M	5.71M	-205.25K	15.87K	276.66K	346.73K
Cash Flow
Free Cash Flow	―	-874.38K	-26.18K	-28.72K	-179.48K	-313.94K
Operating Cash Flow	―	-709.76K	-13.69K	163.26K	-170.31K	-312.57K
Investing Cash Flow	―	-172.63K	-12.50K	-191.99K	-9.17K	-1.37K
Financing Cash Flow	―	751.88K	103.80K	266.37K	266.37K	309.58K

IMC Exploration Group Plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.64
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IMC	48 Neutral	£4.68M	―	-10.34%	―	-93.51%	12.50%
Sector *	44 Neutral	C$992.05M	-6.72	-13.73%	2.53%	17.45%	-32.50%
AYM	32 Underperform	£3.98M	―	-6.02%	―	―	31.25%
BEM	29 Underperform	£6.26M	―	-11.56%	―	―	―
BZT		£7.32M	―	-18.33%	―	―	―
THR	36 Underperform	£5.53M	―	-5.49%	―	―	83.64%
BHL		£4.10M	0.02	18.12%	―	―	―

IMC Exploration Group Plc Corporate Events

IMC Exploration Group Issues New Shares for Compensation

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.

IMC Exploration Group Reports Progress Amid Favorable Market Conditions

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.