Imperial Metals (TSE:III) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Imperial Metals Co. (TSE:III)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.78 and traded as high as C$5.52. Imperial Metals shares last traded at C$5.40, with a volume of 50,606 shares traded.

Imperial Metals Price Performance

The stock has a market cap of C$886.19 million, a PE ratio of 26.88, a PEG ratio of 0.26 and a beta of 1.20. The company has a debt-to-equity ratio of 49.76, a current ratio of 0.48 and a quick ratio of 0.30. The firm has a 50-day moving average of C$3.91 and a 200-day moving average of C$2.78.

Insider Activity at Imperial Metals

In other Imperial Metals news, Director J. Brian Kynoch sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of C$4.61, for a total transaction of C$46,100.00. Also, Senior Officer Sheila Colwill sold 26,950 shares of the firm’s stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of C$3.66, for a total value of C$98,637.00. Over the last ninety days, insiders sold 97,650 shares of company stock valued at $379,753. Corporate insiders own 49.27% of the company’s stock.

Imperial Metals Company Profile

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.