Imperial Metals (TSE:III) Releases Earnings Results

Imperial Metals (TSE:III) posted its quarterly earnings data on Thursday. The company reported C$0.01 earnings per share (EPS) for the quarter, FiscalAI reports. Imperial Metals had a return on equity of 10.49% and a net margin of 16.39%. The firm had revenue of C$149.88 million for the quarter.

Imperial Metals Stock Performance

Imperial Metals stock opened at C$6.05 on Friday. The firm’s 50 day simple moving average is C$8.19 and its 200-day simple moving average is C$8.22. The company has a market cap of C$1.08 billion, a P/E ratio of 10.25, a price-to-earnings-growth ratio of 0.26 and a beta of 0.63. The company has a debt-to-equity ratio of 18.54, a current ratio of 0.79 and a quick ratio of 0.30. Imperial Metals has a fifty-two week low of C$5.73 and a fifty-two week high of C$14.01.

Insider Activity

In related news, insider Randall Thompson sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of C$9.89, for a total value of C$29,670.00. Following the completion of the sale, the insider owned 15,146 shares in the company, valued at approximately C$149,793.94. This represents a 16.53% decrease in their position. Insiders have sold a total of 15,500 shares of company stock worth $151,750 in the last quarter. 49.27% of the stock is owned by insiders.

About Imperial Metals

Imperial is a Vancouver based exploration, mine development and operating company with holdings that include the Mount Polley mine (100%), the Huckleberry mine (100%), and the Red Chris mine (30%). Imperial also holds a portfolio of 23 greenfield exploration properties in British Columbia.