Imperial Metals (TSE:III) Shares Down 8.9% – What’s Next?

Imperial Metals Co. (TSE:III) shares traded down 8.9% during mid-day trading on Wednesday . The company traded as low as C$10.55 and last traded at C$10.55. 235,321 shares changed hands during mid-day trading, a decline of 35% from the average session volume of 364,070 shares. The stock had previously closed at C$11.58.

Imperial Metals Trading Up 3.9%

The company has a 50 day moving average of C$10.62 and a 200 day moving average of C$7.50. The firm has a market cap of C$1.89 billion, a price-to-earnings ratio of 9.64, a price-to-earnings-growth ratio of 0.26 and a beta of 1.00. The company has a current ratio of 0.48, a quick ratio of 0.30 and a debt-to-equity ratio of 49.76.

Imperial Metals (TSE:III) last issued its quarterly earnings data on Tuesday, November 4th. The company reported C$0.23 earnings per share (EPS) for the quarter. Imperial Metals had a return on equity of 4.53% and a net margin of 7.33%.The company had revenue of C$168.75 million during the quarter. As a group, research analysts anticipate 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.