Imperial Metals (TSE:III) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Imperial Metals Co. (TSE:III) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$7.78 and traded as high as C$9.32. Imperial Metals shares last traded at C$8.96, with a volume of 310,005 shares.

Imperial Metals Stock Performance

The company has a debt-to-equity ratio of 18.54, a current ratio of 0.79 and a quick ratio of 0.30. The firm has a fifty day simple moving average of C$7.83 and a 200 day simple moving average of C$7.78. The company has a market capitalization of C$1.68 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 0.26 and a beta of 0.84.

Imperial Metals (TSE:III) last announced its earnings results on Thursday, August 6th. The company reported C$0.13 earnings per share for the quarter. Imperial Metals had a return on equity of 10.49% and a net margin of 16.39%.The business had revenue of C$166.52 million during the quarter. On average, analysts anticipate that Imperial Metals Co. will post 0.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Imperial Metals news, insider Randall Thompson sold 9,500 shares of the company’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of C$9.79, for a total transaction of C$93,005.00. Following the completion of the transaction, the insider directly owned 21,146 shares in the company, valued at approximately C$207,019.34. This represents a 31.00% decrease in their ownership of the stock. Insiders own 49.27% of the company’s stock.

Imperial Metals Company Profile

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.