Imperial Metals Corp Has Another Very Weak Trading Session

 Imperial Metals Corp Has Another Very Weak Trading Session

The stock of Imperial Metals Corp (TSE:III) is a huge mover today! About 72,837 shares traded hands or 26.00% up from the average. Imperial Metals Corp (TSE:III) has risen 43.87% since April 21, 2016 and is uptrending. It has outperformed by 38.46% the S&P500.
The move comes after 7 months negative chart setup for the $625.46 million company. It was reported on Nov, 25 by We have $5.88 PT which if reached, will make TSE:III worth $56.29 million 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. $13 is the highest target while $6.75 is the lowest. The $7.55 average target is 16.87% above today’s ($6.46) stock price. Imperial Metals Corporation has been the topic of 11 analyst reports since August 17, 2015 according to StockzIntelligence Inc. The rating was maintained by RBC Capital Markets on Friday, July 22 with “Sector Perform”. The stock of Imperial Metals Corp (TSE:III) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, December 9.

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 $625.46 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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