Imperial Metals Corp (TSE:III) insider Fairholme Capital Management, L.L.C. sold 4,100 shares of Imperial Metals stock in a transaction that occurred on Wednesday, April 17th. The stock was sold at an average price of C$2.71, for a total transaction of C$11,111.00. Following the completion of the transaction, the insider now owns 9,377,211 shares in the company, valued at approximately C$25,412,241.81.
Imperial Metals stock opened at C$2.89 on Thursday. The company has a current ratio of 0.10, a quick ratio of 0.03 and a debt-to-equity ratio of 216.07. The company has a market capitalization of $320.32 million and a price-to-earnings ratio of -2.73. Imperial Metals Corp has a 1 year low of C$0.93 and a 1 year high of C$3.50.
Imperial Metals (TSE:III) last posted its quarterly earnings results on Friday, March 29th. The company reported C($0.12) earnings per share (EPS) for the quarter. The business had revenue of C$91.71 million for the quarter. Sell-side analysts predict that Imperial Metals Corp will post 0.129999997574627 earnings per share for the current year.
Several research analysts have issued reports on the stock. CIBC upgraded shares of Imperial Metals from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from C$0.60 to C$3.50 in a research report on Wednesday, March 13th. Canaccord Genuity upgraded shares of Imperial Metals from a “hold” rating to a “buy” rating and lifted their price target for the stock from C$1.65 to C$4.00 in a research report on Monday, March 11th. Finally, TD Securities decreased their price target on shares of Imperial Metals from C$3.50 to C$3.25 and set a “hold” rating on the stock in a research report on Tuesday, April 2nd.
Imperial Metals Company Profile
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.
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