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Imperial Metals Corporation (T:III)

Business Focus: Copper Ore Mining

Sector:  Basic Materials Industry:  Specialty Mining & Metals
See Regulatory Filings on SEDAR
Company Contact
Address: 580 Hornby St Suite 200
Tel: N/A
IR: See website
Key People
Pierre Bruno Lebel
Independent Chairman of the Board
J Brian Kynoch
President, Director
Darb S. Dhillon
Chief Financial Officer, Corporate Secretary
Don Parsons
Chief Operating Officer
Sophie E. Hsia
Chief Scientific Officer, Vice President Risk, General Counsel
Randall Thompson
Vice President - Operations, General Manager
Sheila Colwill
Vice President - Marketing
Carolyn Diane Anglin
Vice President - Environmental Affairs
Jim Miller-Tait
Vice President - Exploration
Business Overview
Imperial Metals Corporation is engaged in the exploration and development of base and precious metals from its properties. The Company's properties include Red Chris copper/gold mine in northwest British Columbia; Mount Polley copper/gold mine in central British Columbia, and Huckleberry copper mine in northern British Columbia. It operates through five segments: Mount Polley, Red Chris, Sterling, Huckleberry, and Corporate, which includes all other properties, and related exploration and development activities. The Red Chris copper/gold deposit situated over 18 kilometers southeast of the village of Iskut in northwest British Columbia, and covers over 29,067 hectares. The Mount Polley open pit copper/gold mine is located 56 kilometers northeast of Williams Lake in central British Columbia, and covers over 18,892 hectares. The Huckleberry owns an open pit copper mine located over 88 kilometers south-southwest of Houston in west central British Columbia, and covers 19,780 hectares.
Financial Overview
For the three months ended 31 March 2020, Imperial Metals Corp revenues increased from C$13.8M to C$28M. Net loss before extraordinary items increased from C$2.3M to C$6.2M. Revenues reflect Red Chris segment increase from C$0K to C$27.4M, Switzerland segment increase of 74% to C$24M, Copper, Avg. Price per Long Ton, Total increase of 29% to C$10494 per metric ton.
Employees: 57 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $226.06M as of Mar 31, 2020
Annual revenue (TTM): $85.99M as of Mar 31, 2020
EBITDA (TTM): -$5.07M as of Mar 31, 2020
Net annual income (TTM): -$44.14M as of Mar 31, 2020
Free cash flow (TTM): -$15.92M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 128,490,174 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization