Imperial Metals (TSE:III) Shares Break Above 200-Day Moving Average – Here’s What Happened

Imperial Metals Co. (TSE:III) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$7.67 and traded as high as C$8.83. Imperial Metals shares last traded at C$8.47, with a volume of 175,529 shares.

Imperial Metals Trading Up 0.5%

The company has a current ratio of 0.79, a quick ratio of 0.30 and a debt-to-equity ratio of 18.54. The company has a market cap of C$1.51 billion, a PE ratio of 14.32, a P/E/G ratio of 0.26 and a beta of 0.91. The company has a fifty day simple moving average of C$8.69 and a two-hundred day simple moving average of C$7.67.

Imperial Metals (TSE:III) last announced its quarterly earnings data on Thursday, August 6th. The company reported C$0.13 earnings per share (EPS) 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. Analysts anticipate that Imperial Metals Co. will post 0.07 EPS for the current year.

Insider Buying and Selling

In other Imperial Metals news, insider Randall Thompson sold 9,500 shares of the business’s stock in a transaction that occurred 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 owned 21,146 shares in the company, valued at C$207,019.34. The trade was a 31.00% decrease in their position. In the last ninety days, insiders have sold 15,500 shares of company stock worth $151,750. Insiders own 49.27% of the company’s stock.

About Imperial Metals

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.