Imperial Metals Corp (III) PT Lowered to C$5.50
Imperial Metals Corp (TSE:III) had its price objective reduced by investment analysts at TD Securities from C$7.00 to C$5.50 in a research report issued to clients and investors on Tuesday. The brokerage currently has a “hold” rating on the stock. TD Securities’ target price indicates a potential upside of 4.36% from the company’s current price.
Several other equities analysts also recently weighed in on the stock. Scotiabank reiterated a “sector perform” rating and issued a C$9.00 target price on shares of Imperial Metals Corp in a research note on Monday, August 15th. Canaccord Genuity reduced their target price on shares of Imperial Metals Corp from C$11.50 to C$9.00 and set a “buy” rating for the company in a research note on Friday, August 12th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a C$7.00 target price on shares of Imperial Metals Corp in a research note on Friday, July 22nd. Finally, Paradigm Capital lifted their target price on shares of Imperial Metals Corp from C$5.50 to C$9.50 and gave the stock a “buy” rating in a research note on Tuesday, August 16th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Imperial Metals Corp currently has an average rating of “Hold” and an average target price of C$9.46.
Imperial Metals Corp (TSE:III) opened at 5.27 on Tuesday. The company’s 50-day moving average is $5.62 and its 200-day moving average is $6.23. Imperial Metals Corp has a 52-week low of $3.46 and a 52-week high of $8.50. The firm’s market capitalization is $430.88 million.
Imperial Metals Corp Company Profile
Imperial Metals Corporation is engaged in the exploration and development of base and precious metals from its properties. The Company’s properties include Red Chris copper/gold mine in northwest British Columbia; Mount Polley copper/gold mine in central British Columbia, and Huckleberry copper mine in northern British Columbia.
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