Imperial Metals (TSE:III) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

Imperial Metals Co. (TSE:III)’s stock price passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of C$7.71 and traded as high as C$7.86. Imperial Metals shares last traded at C$7.68, with a volume of 86,174 shares traded.

Imperial Metals Stock Down 0.1%

The stock has a market capitalization of C$1.37 billion, a price-to-earnings ratio of 13.02, a price-to-earnings-growth ratio of 0.26 and a beta of 0.82. The company has a quick ratio of 0.30, a current ratio of 0.79 and a debt-to-equity ratio of 18.54. The business’s 50-day moving average is C$8.82 and its two-hundred day moving average is C$7.71.

Imperial Metals (TSE:III) last announced its quarterly earnings data on Thursday, August 6th. The company reported C$0.13 EPS for the quarter. Imperial Metals had a return on equity of 10.49% and a net margin of 16.39%. The firm had revenue of C$166.52 million for the quarter. Equities analysts anticipate that Imperial Metals Co. will post 0.07 EPS for the current year.

Insiders Place Their Bets

In other Imperial Metals news, insider Randall Thompson sold 9,500 shares of Imperial Metals stock in a transaction on Friday, August 28th. The stock was sold at an average price of C$9.79, for a total value of C$93,005.00. Following the sale, the insider owned 21,146 shares in the company, valued at C$207,019.34. The trade was a 31.00% decrease in their ownership of the stock. Insiders sold 15,500 shares of company stock valued at $151,750 in the last ninety days. 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.