Imperial Metals Corp (III) Trading Down 0%
Imperial Metals Corp (TSE:III) shares were down 0% during mid-day trading on Tuesday . The company traded as low as C$2.60 and last traded at C$2.67. Approximately 110,860 shares were traded during trading, an increase of 41% from the average daily volume of 78,779 shares. The stock had previously closed at C$2.67.
A number of research analysts recently issued reports on III shares. TD Securities decreased their price objective on shares of Imperial Metals Corp from C$4.50 to C$4.00 and set a “hold” rating for the company in a report on Thursday, August 17th. CIBC restated an “outperform” rating and set a C$3.50 price objective on shares of Imperial Metals Corp in a report on Friday, September 15th. Finally, Scotiabank decreased their price objective on shares of Imperial Metals Corp from C$3.00 to C$2.00 and set an “underperform” rating for the company in a report on Tuesday, October 31st. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of C$4.45.
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About Imperial Metals Corp
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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