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Imperial Resources Inc (IPRC) is a mining exploration company based in the United States. The company is focused on the acquisition, exploration, and development of mineral properties, primarily gold and silver deposits.
In terms of financials, Imperial Resources Inc reported a net loss of $1,556,917 for the year ended December 31, 2020, compared to a net loss of $1,538,075 for the same period in 2019. The company's revenue for the year ended December 31, 2020, was $22,811, compared to $25,395 for the same period in 2019.
As of December 31, 2020, Imperial Resources Inc had a working capital deficit of $1,251,948 and total assets of $2,135,525. The company's total liabilities as of December 31, 2020, were $3,387,473.
In terms of growth, it is important to note that the mining exploration industry is typically subject to significant risks and uncertainties, and the success of Imperial Resources Inc's exploration and development activities will depend on a number of factors, including the Company's ability to obtain financing, the existence of mineral deposits of sufficient quality and quantity, and the ability to obtain necessary permits and licenses.
It is always recommended to conduct your own thorough research and analysis when considering an investment in any public company, and to consult with a qualified financial advisor.