Imperial Metals Co. (OTCMKTS:IPMLF – Get Free Report) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 273,700 shares, a growth of 82.1% from the June 15th total of 150,306 shares. Based on an average trading volume of 67,208 shares, the short-interest ratio is presently 4.1 days.
Imperial Metals Trading Up 4.4%
Imperial Metals stock opened at $4.98 on Friday. Imperial Metals has a one year low of $2.87 and a one year high of $10.28. The stock has a fifty day moving average of $4.82 and a 200 day moving average of $6.17.
About Imperial Metals
Imperial Metals Corporation is a Canada-based diversified mining company engaged in the exploration, development, and production of base and precious metals. The company’s principal assets include the Red Chris mine and the Mount Polley mine, both located in British Columbia. These operations focus primarily on the extraction of copper, gold and silver, with by-products such as molybdenum generated at Red Chris.
At Red Chris, Imperial Metals employs both open-pit and underground mining techniques to access copper-gold mineralization hosted within the Early Jurassic Hazelton volcanics.
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