Imperial Metals Corporation

TSX:III Stock Report

Market Cap: CA$1.2b

Imperial Metals Past Earnings Performance

Past criteria checks 2/6

Imperial Metals has been growing earnings at an average annual rate of 62.1%, while the Metals and Mining industry saw earnings growing at 21.9% annually. Revenues have been growing at an average rate of 36.7% per year. Imperial Metals's return on equity is 12.2%, and it has net margins of 18.9%.

Key information

62.08%

Earnings growth rate

61.14%

EPS growth rate

Metals and Mining Industry Growth27.39%
Revenue growth rate36.73%
Return on equity12.17%
Net Margin18.94%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article May 13

Why Imperial Metals' (TSE:III) Shaky Earnings Are Just The Beginning Of Its Problems

A lackluster earnings announcement from Imperial Metals Corporation ( TSE:III ) last week didn't sink the stock price...

Recent updates

Analysis Article May 13

Why Imperial Metals' (TSE:III) Shaky Earnings Are Just The Beginning Of Its Problems

A lackluster earnings announcement from Imperial Metals Corporation ( TSE:III ) last week didn't sink the stock price...
Analysis Article Jan 11

Imperial Metals Corporation (TSE:III) Held Back By Insufficient Growth Even After Shares Climb 33%

Imperial Metals Corporation ( TSE:III ) shares have continued their recent momentum with a 33% gain in the last month...
Analysis Article Dec 28

Returns At Imperial Metals (TSE:III) Are On The Way Up

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Analysis Article Oct 29

Is Imperial Metals (TSE:III) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 23

Imperial Metals Corporation (TSE:III) Stock Catapults 30% Though Its Price And Business Still Lag The Industry

Imperial Metals Corporation ( TSE:III ) shares have continued their recent momentum with a 30% gain in the last month...
Analysis Article Apr 20

These 4 Measures Indicate That Imperial Metals (TSE:III) Is Using Debt Extensively

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 15

Imperial Metals Corporation (TSE:III) Stock Rockets 26% But Many Are Still Ignoring The Company

Imperial Metals Corporation ( TSE:III ) shares have had a really impressive month, gaining 26% after a shaky period...
Analysis Article Sep 28

A Piece Of The Puzzle Missing From Imperial Metals Corporation's (TSE:III) Share Price

With a price-to-sales (or "P/S") ratio of 1x Imperial Metals Corporation ( TSE:III ) may be sending very bullish...
Analysis Article May 19

It Looks Like The CEO Of Imperial Metals Corporation (TSE:III) May Be Underpaid Compared To Peers

Shareholders will be pleased by the impressive results for Imperial Metals Corporation ( TSE:III ) recently and CEO J...
Analysis Article May 17

Is Imperial Metals (TSE:III) Using Debt In A Risky Way?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Revenue & Expenses Breakdown

How Imperial Metals makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:III Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26670127110
31 Dec 25692154100
30 Sep 25653183100
30 Jun 2563017780
31 Mar 2558615770
31 Dec 2449410660
30 Sep 244503360
30 Jun 24382-260
31 Mar 24336-3950
31 Dec 23344-3750
30 Sep 23319-3840
30 Jun 23282-6340
31 Mar 23232-7640
31 Dec 22173-7640
30 Sep 22140-7940
30 Jun 22136-5540
31 Mar 22134-3040
31 Dec 21134-2640
30 Sep 21141-1640
30 Jun 21142-540
31 Mar 21153-130
31 Dec 20148-530
30 Sep 20141-1140
30 Jun 20109-3640
31 Mar 2086-4650
31 Dec 1972-4150
30 Sep 1970-7340
30 Jun 1981-6850
31 Mar 1982-8150
31 Dec 18104-10960
30 Sep 18217-6850
30 Jun 18289-5750
31 Mar 183736550
31 Dec 174537740
30 Sep 173913250
30 Jun 173981350
31 Mar 17407-9150
31 Dec 16428-5460
30 Sep 16420-4370
30 Jun 16378-5270
31 Mar 16264-4680
31 Dec 15129-9780
30 Sep 1565-7060
30 Jun 1532-9060

Quality Earnings: III has high quality earnings.

Growing Profit Margin: III's current net profit margins (18.9%) are lower than last year (26.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: III has become profitable over the past 5 years, growing earnings by 62.1% per year.

Accelerating Growth: III's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: III had negative earnings growth (-19.1%) over the past year, making it difficult to compare to the Metals and Mining industry average (129.4%).


Return on Equity

High ROE: III's Return on Equity (12.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/19 04:02
End of Day Share Price 2026/06/19 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Imperial Metals Corporation is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BonnymanBMO Capital Markets Equity Research
Oscar CabreraBofA Global Research
null nullCanaccord Genuity