Imperial Metals (OTCMKTS:IPMLF) Trading Up 3.8% – Still a Buy?

Imperial Metals Co. (OTCMKTS:IPMLFGet Free Report) rose 3.8% during mid-day trading on Tuesday . The stock traded as high as $5.2250 and last traded at $5.14. Approximately 21,917 shares were traded during mid-day trading, a decline of 51% from the average session volume of 45,013 shares. The stock had previously closed at $4.95.

Imperial Metals Trading Up 3.8%

The firm’s 50-day moving average price is $4.80 and its 200 day moving average price is $6.21.

About Imperial Metals

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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.

Further Reading

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