What’s Ahead for Imperial Metals Corp After Today’s Huge Decline?

 What's Ahead for Imperial Metals Corp After Today's Huge Decline?

The stock of Imperial Metals Corp (TSE:III) is a huge mover today! About 6,032 shares traded hands. Imperial Metals Corp (TSE:III) has risen 15.79% since March 29, 2016 and is uptrending. It has outperformed by 13.27% the S&P500.
The move comes after 5 months negative chart setup for the $402.50M company. It was reported on Nov, 2 by Barchart.com. We have $4.36 PT which if reached, will make TSE:III worth $52.33M less.

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. Imperial Metals Corporation has been the topic of 11 analyst reports since August 17, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, July 22 by RBC Capital Markets. The firm has “Sector Perform” rating given on Wednesday, December 9 by RBC Capital Markets.

Another recent and important Imperial Metals Corp (TSE:III) news was published by Business.Financialpost.com which published an article titled: “Murray Edwards helps bail out Imperial Metals Corp with $30 million loan” on May 19, 2015.

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 $402.50 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment