Imperial Metals Co. (III) Price Target Cut to C$2.00 by Analysts at Canaccord Genuity

Imperial Metals Co. (TSE:III) had its target price reduced by Canaccord Genuity from C$3.00 to C$2.00 in a report released on Thursday.

Several other equities analysts have also recently issued reports on the company. TD Securities reduced their price objective on Imperial Metals from C$4.00 to C$3.50 in a report on Thursday. Scotiabank reduced their price objective on Imperial Metals from C$3.00 to C$2.00 and set an underperform rating for the company in a report on Tuesday, October 31st. Finally, CIBC reaffirmed an outperform rating and set a C$3.50 price objective on shares of Imperial Metals in a report on Friday, September 15th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. Imperial Metals has a consensus rating of Hold and an average target price of C$3.38.

Shares of Imperial Metals (III) traded up C$0.09 during mid-day trading on Thursday, reaching C$2.74. The company had a trading volume of 57,914 shares, compared to its average volume of 44,470. Imperial Metals has a 52-week low of C$2.35 and a 52-week high of C$7.89.

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Imperial Metals Company Profile

Imperial Metals Corporation is engaged in the exploration and development of base and precious metals from its properties. 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.

Analyst Recommendations for Imperial Metals (TSE:III)

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