Imperial Metals (TSE:III) Shares Pass Above 200-Day Moving Average – Here’s Why

Shares of Imperial Metals Co. (TSE:III) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$5.92 and traded as high as C$9.66. Imperial Metals shares last traded at C$9.58, with a volume of 238,928 shares traded.

Imperial Metals Stock Performance

The company has a market capitalization of C$1.71 billion, a P/E ratio of 8.71, a price-to-earnings-growth ratio of 0.26 and a beta of 1.30. The business has a 50 day moving average of C$7.54 and a 200 day moving average of C$5.92. The company has a quick ratio of 0.30, a current ratio of 0.48 and a debt-to-equity ratio of 49.76.

Imperial Metals (TSE:III) last released its quarterly earnings data on Tuesday, November 4th. The company reported C$0.23 earnings per share (EPS) for the quarter. The business had revenue of C$168.75 million for the quarter. Imperial Metals had a return on equity of 4.53% and a net margin of 7.33%. On average, sell-side analysts predict that Imperial Metals Co. will post 0.07 earnings per share for the current 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.