Imperial Metals Co. (OTCMKTS:IPMLF – Get Free Report) shares were down 6.6% on Thursday . The company traded as low as $6.4760 and last traded at $6.52. Approximately 25,750 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 43,404 shares. The stock had previously closed at $6.98.
Imperial Metals Trading Down 6.6%
The firm has a fifty day simple moving average of $7.99 and a 200-day simple moving average of $5.82.
Imperial Metals Company Profile
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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