Irving Resources (TSE:IRV)
:IRV
IRV Stock Chart & Stats
C$0.23
>-C$0.01(-1.92%)
At close: 4:00 PM EST
C$0.23
>-C$0.01(-1.92%)
Day’s Range― - ―
52-Week RangeC$0.15 - C$0.50
Previous CloseN/A
Volume3.83K
Average Volume (3M)58.88K
Market Cap
C$24.59M
Enterprise ValueC$23.65M
Total Cash (Recent Filing)C$1.90M
Total Debt (Recent Filing)C$124.28K
Price to Earnings (P/E)―
Beta2.63
Next Earnings
Jun 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding83,355,640
10 Day Avg. Volume52,395
30 Day Avg. Volume58,884
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)0.46
Price to Sales (P/S)0.00
P/FCF Ratio-3.02
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
Bulls Say, Bears Say
Bulls Say
Low Leverage / Balance-sheet FlexibilityThe company's very low reported leverage (~$0.12M debt vs ~$46.3M equity) provides meaningful balance-sheet flexibility to sustain exploration programs and absorb short-term cost overruns. This reduces immediate refinancing risk and preserves strategic optionality to fund drilling, partnerships, or staged development over the coming months.
Improving Free Cash Flow TrendReported free cash flow has improved materially versus prior years (TTM roughly -$1.7M vs FY2025 ~-2.3M and FY2024 ~-7.6M), indicating tighter cash discipline or timing benefits. If sustained, this trend reduces near-term external funding needs and moderates dilution pressure while enabling continued targeted exploration activity.
Concentrated, Focused Exploration StrategyA clear, focused business model targeting epithermal gold-silver systems in Japan concentrates technical expertise and capital on a coherent set of targets. This specialization supports more efficient program design, faster geological learning, and clearer pathways to resource definition and partner interest versus a scattered multi-jurisdiction approach.
Bears Say
Pre-revenue And Persistent LossesThe company remains pre-revenue with a TTM net loss of about $5.4M, meaning no current operating profit engine exists. This structural lack of revenue implies sustained capital consumption until a monetizable discovery or JV is achieved, keeping profitability unrealistic in the near term and pressuring shareholder returns.
Consistently Negative Operating Cash FlowOperating cash flow has been negative in every reported period (around -$3.1M TTM), reflecting persistent burn from exploration and overhead. This durable negative OCF forces reliance on external financing or program reductions, constraining continuous project advancement and elevating execution risk over the 2–6 month horizon.
Dependence On External Funding / Dilution RiskAnalysts note the business model still depends on external funding, exposing the company to dilution and asset-consumption risk if capital markets or partner deals tighten. For explorers, such structural funding dependence can delay drilling, force unfavorable raises, and lengthen timelines to resource definition.
Irving Resources News
IRV FAQ
What was Irving Resources’s price range in the past 12 months?
Irving Resources lowest stock price was C$0.14 and its highest was C$0.50 in the past 12 months.
What is Irving Resources’s market cap?
Irving Resources’s market cap is C$24.59M.
When is Irving Resources’s upcoming earnings report date?
Irving Resources’s upcoming earnings report date is Jun 18, 2026 which is in 72 days.
How were Irving Resources’s earnings last quarter?
Irving Resources released its earnings results on Jan 26, 2026. The company reported -C$0.004 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.004.
Is Irving Resources overvalued?
According to Wall Street analysts Irving Resources’s price is currently Overvalued.
Does Irving Resources pay dividends?
Irving Resources does not currently pay dividends.
What is Irving Resources’s EPS estimate?
Irving Resources’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Irving Resources have?
Irving Resources has 83,355,640 shares outstanding.
What happened to Irving Resources’s price movement after its last earnings report?
Irving Resources reported an EPS of -C$0.004 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 3.448%.
Which hedge fund is a major shareholder of Irving Resources?
Currently, no hedge funds are holding shares in TSE:IRV
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Irving Resources
Irving Resources Inc., a junior exploration stage company, focuses on exploring gold in Japan. It also explores for silver and rare earth elements. The company holds interest in the Omui property that covers an area of 2.98 square kilometers; the Shimokawa property covering an area of 48.50 square kilometers; the Utanobori property that covers an area of 121.55 square kilometers; the Engaru property that covers an area of 84.42 square kilometers; the Noto property covering an area of 337.37 square kilometers; the Yamagano property; and the Eniwa project, which comprises an area of 56.15 square kilometers located in Japan. The company was incorporated in 2015 and is headquartered in Vancouver, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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