Imperial Metals (TSE:III) Hits New 52-Week High – Should You Buy?

Imperial Metals Co. (TSE:III) shares reached a new 52-week high on Monday . The company traded as high as C$11.49 and last traded at C$11.41, with a volume of 78173 shares changing hands. The stock had previously closed at C$11.02.

Imperial Metals Stock Up 1.9%

The company has a current ratio of 0.48, a quick ratio of 0.30 and a debt-to-equity ratio of 49.76. The firm has a market capitalization of C$2.00 billion, a P/E ratio of 10.21, a P/E/G ratio of 0.26 and a beta of 1.13. The stock’s 50-day simple moving average is C$8.25 and its 200-day simple moving average is C$6.26.

Imperial Metals (TSE:III) last announced its earnings results on Tuesday, November 4th. The company reported C$0.23 earnings per share for the quarter. The firm 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%. As a group, research analysts predict that Imperial Metals Co. will post 0.07 earnings per share for the current fiscal 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.