What’s in Imperial Metals Corp After Today’s Huge Increase?

 What's in Imperial Metals Corp After Today's Huge Increase?

The stock of Imperial Metals Corp (TSE:III) is a huge mover today! About 12,479 shares traded hands. Imperial Metals Corp (TSE:III) has risen 7.88% since March 24, 2016 and is uptrending. It has outperformed by 4.40% the S&P500.
The move comes after 7 months positive chart setup for the $401.52 million company. It was reported on Oct, 31 by Barchart.com. We have $9.56 PT which if reached, will make TSE:III worth $361.37M more.

Imperial Metals Corp (TSE:III) Ratings Coverage

Out of 4 analysts covering Imperial Metals Corporation (TSE:III), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. $13 is the highest target while $6.75 is the lowest. The $7.55 average target is 50.10% above today’s ($5.03) stock price. Imperial Metals Corporation has been the topic of 11 analyst reports since August 17, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, July 22 report. As per Wednesday, December 9, the company rating was initiated by RBC Capital Markets.

More news for Imperial Metals Corp (TSE:III) were recently published by: Juniorminingnetwork.com, which released: “Imperial Metals Announces Normal Course Issuer Bid” on October 31, 2016. Business.Financialpost.com‘s article titled: “Murray Edwards helps bail out Imperial Metals Corp with $30 million loan” and published on May 19, 2015 is yet another important article.

Imperial Metals Corporation is engaged in the exploration and development of base and precious metals from its properties. The company has a market cap of $401.52 million. The Company’s properties include Red Chris copper/gold mine in northwest British Columbia; Mount Polley copper/gold mine in central British Columbia, and Huckleberry copper mine in northern British Columbia. It currently has negative earnings. It operates through five divisions: Mount Polley, Red Chris, Sterling, Huckleberry, and Corporate, which includes all other properties, and related exploration and development activities.

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