Imperial Metals (OTCMKTS:IPMLF) Stock Price Up 6.3% – Still a Buy?

Imperial Metals Co. (OTCMKTS:IPMLFGet Free Report) shares rose 6.3% during mid-day trading on Friday . The stock traded as high as $6.17 and last traded at $6.09. Approximately 39,234 shares were traded during trading, a decline of 9% from the average session volume of 42,890 shares. The stock had previously closed at $5.73.

Imperial Metals Price Performance

The company has a 50-day moving average price of $4.98 and a 200-day moving average price of $5.91.

Imperial Metals Company Profile

(Get Free Report)

Imperial Metals Corporation is a Canada-based diversified mining company engaged in the exploration, development, and production of base and precious metals. The company’s principal assets include the Red Chris mine and the Mount Polley mine, both located in British Columbia. These operations focus primarily on the extraction of copper, gold and silver, with by-products such as molybdenum generated at Red Chris.

At Red Chris, Imperial Metals employs both open-pit and underground mining techniques to access copper-gold mineralization hosted within the Early Jurassic Hazelton volcanics.

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