Imperial Metals Corp Just Recorded A Sigfniciant Increase

 Imperial Metals Corp Just Recorded A Sigfniciant Increase

The stock of Imperial Metals Corp (TSE:III) is a huge mover today! About 60,602 shares traded hands or 12.87% up from the average. Imperial Metals Corp (TSE:III) has risen 15.07% since April 20, 2016 and is uptrending. It has outperformed by 9.66% the S&P500.
The move comes after 9 months positive chart setup for the $562.69M company. It was reported on Nov, 24 by We have $6.88 PT which if reached, will make TSE:III worth $45.02 million 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 18.52% above today’s ($6.37) 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. RBC Capital Markets initiated the shares of III in a report on Wednesday, December 9 with “Sector Perform” rating.

Another recent and important Imperial Metals Corp (TSE:III) news was published by which published an article titled: “Imperial Metals Corp lays off 100 workers at B.C. mine because of low copper …” on January 06, 2016.

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 $562.69 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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