I-Minerals FCF yield
What is the FCF yield of I-Minerals?
The FCF yield of I-Minerals Inc. is -104.91%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield of companies in the Materials sector on TSXV compared to I-Minerals
What does I-Minerals do?
I-Minerals Inc. engages in the exploration, evaluation, and development of mineral properties in the United States. The company develops quartz, potassium feldspar, halloysite, kaolinite, and metakaolin deposits. It holds a 100% interest in the Helmer-Bovill property comprising 11 mineral leases that covers an area of approximately 5,140.64 acres located in northwest of Bovill, Latah County, Idaho. I-Minerals Inc. was incorporated in 1984 and is headquartered in Vancouver, Canada.
Companies with fcf yield similar to I-Minerals
- Fairchild Gold has FCF yield of -106.05%
- Tubi has FCF yield of -105.82%
- Sassy Resources has FCF yield of -105.76%
- Adherium has FCF yield of -105.73%
- Armour has FCF yield of -105.70%
- Tattooed Chef has FCF yield of -104.95%
- I-Minerals has FCF yield of -104.91%
- Rover Metals has FCF yield of -104.59%
- First Au has FCF yield of -104.48%
- Ozz Resources has FCF yield of -104.26%
- Crown has FCF yield of -104.16%
- Hawaiian has FCF yield of -104.11%
- My Size Inc has FCF yield of -103.89%