Imperial Metals (TSE:III) Announces Quarterly Earnings Results

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

Imperial Metals Stock Performance

III stock traded down C$0.08 during midday trading on Friday, hitting C$5.97. 248,974 shares of the stock traded hands, compared to its average volume of 241,404. 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 1-year low of C$5.69 and a 1-year high of C$14.01. The stock’s fifty day simple moving average is C$8.11 and its 200-day simple moving average is C$8.19. The firm has a market cap of C$1.06 billion, a P/E ratio of 10.12, a PEG ratio of 0.26 and a beta of 0.63.

Insider Activity

In other news, insider Randall Thompson sold 3,000 shares of the stock in a transaction dated 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 directly owned 15,146 shares in the company, valued at C$149,793.94. This represents a 16.53% decrease in their ownership of the stock. Insiders have sold a total of 15,500 shares of company stock valued at $151,750 in the last quarter. 49.27% of the stock is owned by company insiders.

Imperial Metals Company Profile

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.