Imperial Metals (III) Stock Price Down 12.8%

Imperial Metals Corp (TSE:III) shares fell 12.8% during trading on Thursday . The company traded as low as C$3.00 and last traded at C$3.01. 174,692 shares changed hands during trading, an increase of 78% from the average session volume of 97,990 shares. The stock had previously closed at C$3.45.

Several research analysts have recently issued reports on III shares. Canaccord Genuity increased their price target on Imperial Metals from C$1.50 to C$1.65 in a research note on Tuesday, January 8th. CIBC raised Imperial Metals from an “underperform” rating to a “neutral” rating and increased their price target for the stock from C$0.60 to C$3.50 in a research note on Wednesday.

The company has a market capitalization of $239.15 million and a PE ratio of -4.06. The company has a debt-to-equity ratio of 195.40, a current ratio of 0.08 and a quick ratio of 0.02.

COPYRIGHT VIOLATION NOTICE: This story was originally reported by Dakota Financial News and is the sole property of of Dakota Financial News. If you are reading this story on another publication, it was stolen and republished in violation of United States & international trademark & copyright laws. The correct version of this story can be accessed at https://dakotafinancialnews.com/2019/03/14/imperial-metals-iii-stock-price-down-12-8.html.



About Imperial Metals (TSE:III)

Imperial Metals Corporation acquires, explores for, develops, and produces base and precious metals in Canada. The company explores for gold, copper, zinc, and lead. It operates through Red Chris, Mount Polley, Sterling, Huckleberry, and Corporate segments. The company's key projects are Red Chris copper/gold mine in northwest British Columbia; Mount Polley copper/gold mine in central British Columbia; and Huckleberry copper mine in west central British Columbia.

Further Reading: What is the price-to-earnings growth (PEG) ratio?

Receive News & Ratings for Imperial Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Metals and related companies with MarketBeat.com's FREE daily email newsletter.