Imperial Metals Corp (TSE:III)
TSX:III
Want to see TSE:III full AI Analyst Report?
Top Page
Imperial Metals
(TSX:III)
Select Model
Select Model
Rating:64Neutral
Price Target:
C$6.50
▼(-28.10% Downside)
Action:ReiteratedDate:05/09/26
The score is supported primarily by improved financial fundamentals (strong profitability and much lower leverage). It is held back by weak technicals (price below key moving averages with negative MACD and very low Stoch) and a valuation that is not clearly cheap (P/E ~24 with no dividend).
Positive Factors
Strong profitability and margins
Imperial's TTM gross (~40%) and net (~19%) margins reflect a material operational turnaround to durable profitability. Sustained mid-to-high margins provide a cushion versus commodity volatility, support internal funding for sustaining capex and boost retained earnings over the next several months.
Negative Factors
Top-line volatility and recent decline
Revenue swung materially across 2023–2025 and the TTM figure is slightly negative (~-3%), highlighting exposure to production variability and commodity prices. This top-line instability can pressure margins and cash flow intermittently, complicating multi-quarter planning and capital allocation.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong profitability and margins
Imperial's TTM gross (~40%) and net (~19%) margins reflect a material operational turnaround to durable profitability. Sustained mid-to-high margins provide a cushion versus commodity volatility, support internal funding for sustaining capex and boost retained earnings over the next several months.
Read all positive factors
Imperial Metals (III) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.12B
Dividend YieldN/A
Average Volume (3M)149.91K
Price to Earnings (P/E)24.0
Beta (1Y)1.92
Revenue Growth14.21%
EPS Growth-23.19%
CountryCA
Employees57
SectorBasic Materials
Sector Strength58
IndustryCopper
Share Statistics
EPS (TTM)0.75
Shares Outstanding178,171,170
10 Day Avg. Volume161,301
30 Day Avg. Volume149,905
Financial Highlights & Ratios
PEG Ratio0.29
Price to Book (P/B)1.64
Price to Sales (P/S)2.43
P/FCF Ratio13.26
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
Imperial Metals Business Overview & Revenue Model
Company Description
Imperial Metals (III) is a Canadian mining company primarily engaged in the exploration, development, and production of mineral resources. The company operates in sectors such as mining and metallurgy, focusing on copper, gold, and silver mining. ...
How the Company Makes Money
Imperial Metals makes money primarily by producing and selling mineral concentrates and/or metals from its mining operations and interests, with revenue driven mainly by copper and gold (and, where applicable, byproduct metals). Key revenue stream...
Imperial Metals Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
82
Very Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 669.73M | 691.78M | 494.37M | 344.45M | 172.80M | 133.59M |
| Gross Profit | 265.84M | 294.81M | 161.22M | -13.46M | -28.72M | 10.43M |
| EBITDA | 351.88M | 380.03M | 215.11M | 22.81M | -35.88M | 14.94M |
| Net Income | 126.84M | 153.78M | 106.26M | -36.72M | -75.97M | -26.07M |
Balance Sheet | ||||||
| Total Assets | 1.92B | 1.79B | 1.66B | 1.41B | 1.30B | 1.19B |
| Cash, Cash Equivalents and Short-Term Investments | 76.81M | 36.82M | 58.12M | 24.94M | 27.54M | 33.39M |
| Total Debt | 196.66M | 178.79M | 372.85M | 319.79M | 197.79M | 40.42M |
| Total Liabilities | 878.77M | 766.00M | 834.25M | 695.76M | 563.97M | 423.25M |
| Stockholders Equity | 1.04B | 1.03B | 823.63M | 716.23M | 735.73M | 763.10M |
Cash Flow | ||||||
| Free Cash Flow | 136.59M | 126.90M | -26.84M | -126.28M | -231.26M | -87.18M |
| Operating Cash Flow | 348.58M | 348.56M | 155.41M | -3.81M | -86.76M | 15.02M |
| Investing Cash Flow | -215.85M | -212.53M | -161.07M | -125.33M | -127.82M | -102.91M |
| Financing Cash Flow | -101.64M | -156.78M | 37.62M | 126.56M | 208.27M | 87.21M |
Imperial Metals Technical Analysis
Negative
9.04
Price Trends
9.00
Negative
9.49
Negative
7.47
Positive
Market Momentum
-0.16
Negative
45.78
Neutral
25.95
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:III, the sentiment is Negative. The current price of 9.04 is above the 20-day moving average (MA) of 7.90, above the 50-day MA of 9.00, and above the 200-day MA of 7.47, indicating a neutral trend. The MACD of -0.16 indicates Negative momentum. The RSI at 45.78 is Neutral, neither overbought nor oversold. The STOCH value of 25.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:III.
Imperial Metals Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | C$1.06B | 9.92 | 42.44% | 4.11% | 29.10% | 162.15% | |
64 Neutral | C$1.12B | 24.03 | 16.22% | ― | 14.21% | -23.19% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | C$1.47B | -27.79 | -63.51% | ― | ― | 0.40% | |
55 Neutral | C$1.73B | -10.74 | -3.01% | ― | ― | -120.73% | |
53 Neutral | C$431.05M | -48.09 | -6.57% | ― | ― | -194.27% | |
46 Neutral | C$1.15B | -23.19 | -17.94% | ― | ― | -67.01% |
* Basic Materials Sector Average
TSE:III
Imperial Metals
6.30
2.67
73.55%
TSE:ARG
Amerigo Resources
6.60
5.01
315.09%
TSE:FDY
Faraday Copper
5.28
4.48
560.00%
TSE:MARI
Marimaca Copper
8.56
3.91
84.09%
TSE:LA
Los Andes Copper
14.58
8.57
142.60%
TSE:ASCU
Arizona Sonoran Copper Co.
8.26
6.24
308.91%
Imperial Metals Corporate Events
Business Operations and StrategyFinancial DisclosuresShareholder Meetings
Imperial Metals Posts Steep Drop in Mount Polley Q1 Output as Mine Stripping Advances
Negative
Apr 14, 2026
Imperial Metals reported a sharp year-on-year decline in first-quarter 2026 production at its Mount Polley mine, with copper output down 51% to 4.399 million pounds and gold output down 28% to 7,608 ounces, driven by lower grades, recoveries and t...
Business Operations and StrategyFinancial Disclosures
Imperial Metals Delivers Record 2025 Revenue and Sharp Debt Reduction on Strong Copper and Gold Output
Positive
Mar 12, 2026
Imperial Metals reported record 2025 revenue of $691.8 million, driven by strong copper and gold production at Mount Polley and Red Chris and higher metal prices, with consolidated copper output reaching about 58.6 million pounds and gold producti...
Business Operations and StrategyFinancial Disclosures
Imperial Metals Beats 2025 Red Chris Guidance but Flags Lower 2026 Output
Neutral
Feb 20, 2026
Imperial Metals reported that 2025 production at the Red Chris mine rose to 93.1 million pounds of copper and 92,429 ounces of gold on a 100% basis, beating guidance and reflecting higher grades and improved gold recovery. Imperial’s 30% sha...
Business Operations and StrategyFinancial Disclosures
Imperial Metals Beats 2025 Mount Polley Targets and Flags Strong C2 Exploration Results
Positive
Feb 11, 2026
Imperial Metals reported that its Mount Polley mine produced 30.7 million pounds of copper and 37,555 ounces of gold in 2025, exceeding copper targets and meeting gold guidance despite year-over-year declines due to lower grades and recoveries as ...
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.