Insider Selling: Imperial Metals Corp (TSE:III) Insider Sells C$13,972.16 in Stock

Imperial Metals Corp (TSE:III) insider Fairholme Capital Management, L.L.C. sold 7,432 shares of the firm’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of C$1.88, for a total value of C$13,972.16. Following the transaction, the insider now directly owns 14,372,837 shares in the company, valued at C$27,020,933.56.

Fairholme Capital Management, L.L.C. also recently made the following trade(s):

  • On Tuesday, October 22nd, Fairholme Capital Management, L.L.C. sold 18,825 shares of Imperial Metals stock. The shares were sold at an average price of C$1.84, for a total value of C$34,638.00.
  • On Thursday, August 1st, Fairholme Capital Management, L.L.C. sold 23,892 shares of Imperial Metals stock. The shares were sold at an average price of C$2.49, for a total value of C$59,491.08.
  • On Tuesday, July 30th, Fairholme Capital Management, L.L.C. sold 32,100 shares of Imperial Metals stock. The shares were sold at an average price of C$2.49, for a total value of C$79,929.00.

TSE III opened at C$1.88 on Tuesday. The company has a debt-to-equity ratio of 215.63, a current ratio of 1.28 and a quick ratio of 0.03. The stock has a market capitalization of $233.88 million and a PE ratio of -2.79. Imperial Metals Corp has a 1 year low of C$0.99 and a 1 year high of C$3.50. The business’s 50-day moving average is C$2.05 and its 200 day moving average is C$2.44.

Imperial Metals (TSE:III) last posted its earnings results on Wednesday, August 14th. The company reported C($0.13) earnings per share (EPS) for the quarter. The company had revenue of C$83.62 million during the quarter. As a group, equities research analysts anticipate that Imperial Metals Corp will post 0.06 earnings per share for the current year.

About Imperial Metals

Imperial Metals Corporation acquires, explores for, develops, and produces base and precious metals in Canada. The company explores for gold, copper, zinc, and lead. It operates through Red Chris, Mount Polley, Sterling, Huckleberry, and Corporate segments. The company's key projects are Red Chris copper/gold mine in northwest British Columbia; Mount Polley copper/gold mine in central British Columbia; and Huckleberry copper mine in west central British Columbia.

Further Reading: Why investors pay attention to retained earnings

Insider Buying and Selling by Quarter for Imperial Metals (TSE:III)

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