Imperial Metals (TSE:III) Hits New 1-Year Low – Here’s Why

Shares of Imperial Metals Co. (TSE:III) hit a new 52-week low on Tuesday. The stock traded as low as C$5.81 and last traded at C$6.07, with a volume of 148,071 shares. The stock had previously closed at C$6.07.

Imperial Metals Price Performance

The company’s 50-day moving average is C$8.04 and its 200-day moving average is C$8.16. The company has a debt-to-equity ratio of 18.54, a current ratio of 0.79 and a quick ratio of 0.30. The firm has a market capitalization of C$1.09 billion, a price-to-earnings ratio of 10.36, a PEG ratio of 0.26 and a beta of 0.63.

Imperial Metals (TSE:III) last issued its quarterly earnings results on Thursday, November 5th. The company reported C$0.01 EPS for the quarter. Imperial Metals had a net margin of 16.39% and a return on equity of 10.49%. The firm had revenue of C$149.88 million during the quarter. On average, research analysts expect that Imperial Metals Co. will post 0.07 earnings per share for the current year.

Insider Activity

In other news, insider Randall Thompson sold 3,000 shares of the business’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of C$9.89, for a total transaction of C$29,670.00. Following the completion of the sale, the insider directly owned 15,146 shares of the company’s stock, valued at C$149,793.94. The trade was a 16.53% decrease in their position. Over the last three months, insiders have sold 15,500 shares of company stock worth $151,750. 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.