Imperial Metals (TSE:III) Hits New 12-Month High – Still a Buy?

Imperial Metals Co. (TSE:IIIGet Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$10.49 and last traded at C$10.39, with a volume of 45135 shares. The stock had previously closed at C$9.95.

Imperial Metals Stock Up 7.8%

The firm has a fifty day moving average of C$8.01 and a 200-day moving average of C$6.14. The company has a quick ratio of 0.30, a current ratio of 0.48 and a debt-to-equity ratio of 49.76. The firm has a market cap of C$1.96 billion, a P/E ratio of 10.03, a price-to-earnings-growth ratio of 0.26 and a beta of 1.13.

Imperial Metals (TSE:IIIGet Free Report) last released its earnings results on Tuesday, November 4th. The company reported C$0.23 earnings per share for the quarter. The business had revenue of C$168.75 million during the quarter. Imperial Metals had a net margin of 7.33% and a return on equity of 4.53%. On average, equities research analysts anticipate that Imperial Metals Co. will post 0.07 earnings per share for the current year.

About Imperial Metals

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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.

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