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Imperial Metals Corporation (T:III)

Business Focus: Copper Ore Mining

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Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
See Regulatory Filings on SEDAR
Company Contact
Address: 580 Hornby St Suite 200
VANCOUVER BC V6C 3B6
Tel: N/A
Website: https://www.imperialmetals.com
IR: See website
Key People
Pierre Bruno Lebel
Independent Chairman of the Board
Jim Miller-Tait
Vice President - Exploration
J Brian Kynoch
President, Director
Andre Henry Deepwell
Chief Financial Officer, Corporate Secretary
Don Parsons
Chief Operating Officer
Sophie E. Hsia
Chief Scientific Officer, Vice President Risk, General Counsel
Darb S. Dhillon
Vice President - Finance
Randall Thompson
Vice President - Operations, General Manager
Sheila Colwill
Vice President - Marketing
Carolyn Diane Anglin
Vice President - Environmental Affairs
   
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 six months ended 30 June 2019, Imperial Metals Corp revenues decreased 40% to C$35.5M. Net loss before extraordinary items decreased 78% to C$12M. Revenues reflect Copper, Avg. Price per Long Ton, Total decrease of 7% to C$8093 per metric ton, Copper Production (Metric Tonnes)-Mount decrease of 58% to 2K metric tons. Lower net loss reflects Foreign Exchange Gain/Loss'€“Non-Business. decrease from C$20.3M (expense) to C$18M (income).
Employees: 790 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $1,193M as of Jun 30, 2019
Annual revenue (TTM): $197.67M as of Jun 30, 2019
EBITDA (TTM): $99.76M as of Jun 30, 2019
Net annual income (TTM): -$84.89M as of Jun 30, 2019
Free cash flow (TTM): $2.63M as of Jun 30, 2019
Net Debt Last Fiscal Year: $854.77M as of Jun 30, 2019
Shares outstanding: 128,490,174 as of Jul 10, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization