IBC Advanced Alloys Corp (TSE:IB)
:IB
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IBC Advanced Alloys
(IB)
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Rating:45Neutral
Price Target:
C$0.20
▲(8.33% Upside)
Action:ReiteratedDate:03/01/26
The score is primarily held back by weak financial performance—loss-making profitability, strained cash flow, and high leverage that increases financial risk. Technical indicators are broadly neutral and do not provide a strong counter-signal, while valuation is also constrained by negative earnings (negative P/E) and no dividend yield data.
Positive Factors
Specialized high-performance product niche
IBC's focus on engineered copper-alloy products for thermal, electrical and corrosion-resistant uses reflects a technically specialized business. Such niche, application-specific materials typically have higher barriers to entry, long qualification cycles and stickier customer relationships, supporting durable demand and pricing power if the company sustains quality and technical support.
Negative Factors
Very high leverage
Debt-to-equity near 8.7x materially elevates financial risk and reduces strategic flexibility. High leverage increases interest expense sensitivity, raises refinancing and covenant risks, and constrains the company's ability to invest in capacity or product development — a durable headwind while earnings and cash flow are weak.
Read all positive and negative factors
Positive Factors
Negative Factors
Specialized high-performance product niche
IBC's focus on engineered copper-alloy products for thermal, electrical and corrosion-resistant uses reflects a technically specialized business. Such niche, application-specific materials typically have higher barriers to entry, long qualification cycles and stickier customer relationships, supporting durable demand and pricing power if the company sustains quality and technical support.
Read all positive factors
IBC Advanced Alloys (IB) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$22.47M
Dividend YieldN/A
Average Volume (3M)95.39K
Price to Earnings (P/E)―
Beta (1Y)0.64
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees38
SectorGeneral
Sector StrengthN/A
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding115,236,740
10 Day Avg. Volume167,366
30 Day Avg. Volume95,388
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)2.29
Price to Sales (P/S)0.28
P/FCF Ratio-6.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IBC Advanced Alloys Business Overview & Revenue Model
Company Description
IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings an...
How the Company Makes Money
IBC Advanced Alloys generates revenue through the sale of its advanced alloy products and precision-cast components. The company's key revenue streams include sales of beryllium-aluminum alloys, which are used in aerospace and defense applications...
IBC Advanced Alloys Earnings Call Summary
Earnings Call Date:Mar 03, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:May 18, 2026
Earnings Call Sentiment Neutral
The earnings call reflects a challenging period for IBC with a decline in revenue and significant losses largely driven by nonrecurring factors and higher costs. However, there are promising future opportunities, particularly in expanding contracts with the U.S. Navy and potential benefits from the Section 232 investigation on copper imports. Thus, while there are significant challenges, the strategic opportunities and actions being taken could position the company for future growth.Positive Updates
Potential Growth in U.S. Navy Contracts
IBC is in discussions to expand its supply of copper alloy products to the U.S. Navy, particularly for submarines, due to the Navy's aggressive shipbuilding plans through 2030. The company is already an approved supplier for major shipbuilders.
Negative Updates
Decline in Revenue
IBC reported $7.1 million in revenue for the six months ended December 2024, down from $12 million in the prior period. This decline was partly due to nonrecurring orders and softer market demand.
Read all updates
Q2-2025 Updates
Positive
Negative
Potential Growth in U.S. Navy Contracts
IBC is in discussions to expand its supply of copper alloy products to the U.S. Navy, particularly for submarines, due to the Navy's aggressive shipbuilding plans through 2030. The company is already an approved supplier for major shipbuilders.
Read all positive updates
Company Guidance
In the call, IBC Advanced Alloys provided guidance on several key metrics and developments. The company reported $7.1 million in revenue for the six months ended December 31, 2024, compared to $12 million in the prior period, with $3.2 million of the decline attributed to large nonrecurring orders from fiscal year 2024. IBC posted a $2.6 million loss year-to-date, primarily due to closing costs at its Engineered Materials division, elevated corporate SG&A costs, and debt service payments. The company anticipates a reduction in these expenses going forward, following the completion of Engineered Materials division closure activities in December 2024. IBC's copper alloy operations have seen an upward trend in gross profit and margin since a $5.7 million expansion in 2022, despite a dip in the past six months. Looking ahead, IBC is exploring growth opportunities, particularly in the U.S. Naval defense sector, where it has engaged in discussions to expand its supply of specialized alloys to shipbuilders. Additionally, the company is closely monitoring the implications of a Section 232 investigation into copper and copper alloy imports initiated by President Trump, which could potentially enhance support for domestic producers like IBC.IBC Advanced Alloys Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
18
Very Negative
Cash Flow
26
Negative
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.47M | 18.12M | 25.66M | 21.51M | 26.91M | 21.81M |
| Gross Profit | 3.78M | 3.45M | 6.23M | 5.02M | 5.54M | 4.23M |
| EBITDA | 796.03K | 170.36K | 2.71M | 3.11M | 2.01M | 304.00K |
| Net Income | -2.00M | ― | 1.68M | -5.93M | -1.13M | -1.52M |
Balance Sheet | ||||||
| Total Assets | 20.15M | 20.63M | 24.54M | 28.32M | 27.65M | 25.18M |
| Cash, Cash Equivalents and Short-Term Investments | 198.64K | 617.68K | 1.42M | 83.00K | 478.00K | 2.36M |
| Total Debt | 13.90M | 14.12M | 14.30M | 14.88M | 12.96M | 11.13M |
| Total Liabilities | 19.11M | 18.44M | 19.25M | 25.36M | 20.77M | 18.51M |
| Stockholders Equity | 1.04M | 2.18M | 5.29M | 2.96M | 6.88M | 6.67M |
Cash Flow | ||||||
| Free Cash Flow | -177.88K | -817.11K | 1.59M | -1.89M | -3.01M | 603.00K |
| Operating Cash Flow | 58.50K | -638.59K | 2.11M | -1.43M | 1.05M | 3.01M |
| Investing Cash Flow | -236.75K | 315.21K | -530.00K | -459.00K | -3.91M | -2.40M |
| Financing Cash Flow | 251.68K | -461.09K | -3.04M | 1.48M | 1.01M | 1.25M |
IBC Advanced Alloys Technical Analysis
Positive
0.18
Price Trends
0.20
Positive
0.20
Positive
0.14
Positive
Market Momentum
>-0.01
Negative
53.82
Neutral
67.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IB, the sentiment is Positive. The current price of 0.18 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.20, and above the 200-day MA of 0.14, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.82 is Neutral, neither overbought nor oversold. The STOCH value of 67.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:IB.
IBC Advanced Alloys Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | C$266.69M | 5.00 | 16.99% | 0.46% | -26.61% | -45.62% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$28.96M | 3.41 | 18.51% | ― | ― | ― | |
45 Neutral | C$22.47M | -7.71 | -112.26% | ― | ― | ― | |
40 Underperform | C$8.53M | -2.37 | ― | ― | -25.74% | 2.28% |
* General Sector Average
TSE:IB
IBC Advanced Alloys
0.20
0.12
143.75%
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IBC Advanced Alloys Corporate Events
Business Operations and StrategyFinancial Disclosures
IBC Advanced Alloys Narrows Loss as Copper Alloy Demand Rebounds
Positive
Feb 27, 2026
IBC Advanced Alloys reported a strong rebound in its fiscal quarter ended Dec. 31, 2025, as copper alloy sales climbed 36.6% year over year to $4.9 million and operating income swung to a $111,000 profit from a prior loss. Gross profit and margins...
Business Operations and StrategyFinancial Disclosures
IBC Advanced Alloys Narrows Loss as Copper Alloy Demand Rebounds
Positive
Feb 27, 2026
IBC Advanced Alloys reported a 36.6% year‑over‑year jump in quarterly sales to $4.9 million in its Copper Alloys division, as demand recovered following the implementation of U.S. copper tariffs. The division swung to operating income ...
Business Operations and StrategyPrivate Placements and Financing
IBC Advanced Alloys Closes US$1.25 Million Convertible Funding with Lind Partners
Positive
Feb 20, 2026
IBC Advanced Alloys Corp. has secured initial funding of US$1,250,000 under a previously announced convertible security funding agreement with Lind Global Fund III, LP, managed by institutional investor The Lind Partners. In exchange, Lind receive...
Business Operations and StrategyPrivate Placements and Financing
IBC Advanced Alloys Secures US$1.25 Million Convertible Funding from Lind Partners
Positive
Feb 17, 2026
IBC Advanced Alloys has entered into a convertible security funding agreement with Lind Global Fund III for initial financing of US$1.25 million, structured as a 24‑month instrument with a face value of US$1.5 million including prepaid inter...
Business Operations and StrategyPrivate Placements and Financing
IBC Advanced Alloys Secures US$1.25 Million Convertible Financing from Lind Partners
Positive
Feb 17, 2026
IBC Advanced Alloys has entered into a convertible security funding agreement with Lind Global Fund III for an initial principal amount of US$1.25 million, carrying US$250,000 in prepaid interest for a total face value of US$1.5 million over a 24&...
Other
IBC Advanced Alloys Grants 1.8 Million Incentive Stock Options at C$0.22
Neutral
Jan 24, 2026
IBC Advanced Alloys Corp. has granted incentive stock options to directors, officers, employees, and consultants to purchase up to an aggregate 1,800,000 common shares at an exercise price of C$0.22 per share, with the options expiring on January ...
Business Operations and StrategyExecutive/Board Changes
IBC Advanced Alloys Grants 2.98 Million Incentive Stock Options
Neutral
Jan 22, 2026
IBC Advanced Alloys Corp. has granted incentive stock options to its directors, officers, employees, and consultants to purchase up to 2,975,000 common shares at an exercise price of C$0.09 per share, with the options expiring on January 27, 2031 ...
Business Operations and StrategyPrivate Placements and Financing
IBC Advanced Alloys Extends US$2.9 Million Insider Credit Facilities to End-2026
Positive
Dec 31, 2025
IBC Advanced Alloys has amended two existing credit facility agreements with its chairman and CEO, Mark Smith, extending their maturity dates by one year to December 31, 2026, while leaving the 10% annual interest rate and other terms unchanged; a...
Business Operations and StrategyFinancial Disclosures
IBC Advanced Alloys Reports Improved Financial Results Amid Market Challenges
Positive
Dec 2, 2025
IBC Advanced Alloys reported improved financial results for the quarter ended September 30, 2025, despite a 14.8% year-over-year decline in sales due to weaker market demand and uncertainty related to U.S. trade policies. The company’s opera...
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.