Insider Selling: Imperial Metals (TSE:III) Insider Sells 3,000 Shares of Stock

Imperial Metals Co. (TSE:III) insider Randall Thompson sold 3,000 shares of the company’s stock in a transaction 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 transaction, the insider directly owned 15,146 shares in the company, valued at approximately C$149,793.94. This trade represents a 16.53% decrease in their position.

Randall Thompson also recently made the following trade(s):

• On Thursday, September 3rd, Randall Thompson sold 500 shares of Imperial Metals stock. The stock was sold at an average price of C$9.49, for a total value of C$4,745.00.
• On Friday, September 4th, Randall Thompson sold 1,000 shares of Imperial Metals stock. The shares were sold at an average price of C$9.57, for a total transaction of C$9,570.00.
• On Tuesday, September 8th, Randall Thompson sold 1,500 shares of Imperial Metals stock. The shares were sold at an average price of C$9.84, for a total transaction of C$14,760.00.
• On Friday, August 28th, Randall Thompson sold 9,500 shares of Imperial Metals stock. The shares were sold at an average price of C$9.79, for a total transaction of C$93,005.00.

Imperial Metals Trading Down 3.2%

III stock traded down C$0.28 during mid-day trading on Tuesday, hitting C$8.47. 58,474 shares of the company were exchanged, compared to its average volume of 263,308. Imperial Metals Co. has a 12-month low of C$5.07 and a 12-month high of C$14.01. The firm has a market capitalization of C$1.51 billion, a P/E ratio of 14.36, a PEG ratio of 0.26 and a beta of 0.91. The business has a fifty day simple moving average of C$8.27 and a 200-day simple moving average of C$7.74. The company has a quick ratio of 0.30, a current ratio of 0.79 and a debt-to-equity ratio of 18.54.

Imperial Metals (TSE:III) last released its quarterly earnings results on Thursday, August 6th. The company reported C$0.13 earnings per share (EPS) for the quarter. The business had revenue of C$166.52 million for the quarter. Imperial Metals had a net margin of 16.39% and a return on equity of 10.49%. On average, equities research analysts predict that Imperial Metals Co. will post 0.07 earnings per share for the current fiscal year.

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.