Imperial Metals (TSE:III) Share Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Imperial Metals' share price exceeded its two hundred day moving average of C$3.55, reaching C$4.61 during trading.
• The company has a market cap of C$746.70 million and various financial ratios indicating a debt-to-equity ratio of 49.76.
• Insider transactions showed significant selling, with over 47,700 shares sold valued at C$211,116 in the last three months, highlighting potential concerns among insiders.

Imperial Metals Co. (TSE:III - )'s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$3.55 and traded as high as C$4.61. Imperial Metals shares last traded at C$4.55, with a volume of 22,142 shares changing hands.

Imperial Metals Trading Down 1.1%

The company has a quick ratio of 0.30, a current ratio of 0.48 and a debt-to-equity ratio of 49.76. The firm has a market cap of C$746.70 million, a price-to-earnings ratio of 22.65, a price-to-earnings-growth ratio of 0.26 and a beta of 1.20. The business's fifty day moving average is C$4.66 and its two-hundred day moving average is C$3.55.

Insider Buying and Selling

In related news, Senior Officer Sheila Colwill sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of C$3.86, for a total value of C$38,600.00. Also, Director J. Brian Kynoch sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of C$4.61, for a total transaction of C$46,100.00. In the last three months, insiders sold 47,700 shares of company stock valued at $211,116. 49.27% of the stock is currently owned by company insiders.

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.

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