Imperial Metals (TSE:III) Reaches New 52-Week High – Time to Buy?

Imperial Metals Co. (TSE:III) hit a new 52-week high on Tuesday . The company traded as high as C$9.96 and last traded at C$9.94, with a volume of 99106 shares. The stock had previously closed at C$9.58.

Imperial Metals Trading Up 5.2%

The company has a debt-to-equity ratio of 49.76, a quick ratio of 0.30 and a current ratio of 0.48. The stock has a market capitalization of C$1.79 billion, a price-to-earnings ratio of 9.16, a price-to-earnings-growth ratio of 0.26 and a beta of 1.30. The business has a fifty day simple moving average of C$7.54 and a 200 day simple moving average of C$5.92.

Imperial Metals (TSE:III) last released its quarterly earnings results on Tuesday, November 4th. The company reported C$0.23 EPS for the quarter. Imperial Metals had a net margin of 7.33% and a return on equity of 4.53%. The business had revenue of C$168.75 million for the quarter. As a group, research analysts expect that Imperial Metals Co. will post 0.07 EPS for the current year.

About Imperial Metals

Imperial Metals Corporation is a Vancouver based mining company active in the acquisition, exploration, development, mining and production of base and precious metals. Our principal properties in British Columbia include the wholly owned Mount Polley and Huckleberry copper mines, a 30% interest in the Red Chris mine.