Imperial Metals (TSE:III) Stock Crosses Above 200-Day Moving Average - Here's Why

Key Points

• Imperial Metals' stock crossed above its 200-day moving average of C$3.79, reaching a high of C$4.82 during Tuesday's trading session.
• The company's market capitalization stands at C$787.27 million, with a low P/E ratio of 4.46, indicating potentially attractive valuation metrics.
• Imperial Metals is engaged in the mining and production of base and precious metals, primarily operating in British Columbia with significant interests in the Mount Polley and Huckleberry copper mines.

Imperial Metals Co. (TSE:III - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$3.79 and traded as high as C$4.82. Imperial Metals shares last traded at C$4.82, with a volume of 123,472 shares traded.

Imperial Metals Stock Performance

The stock has a market cap of C$841.17 million, a price-to-earnings ratio of 4.77, a price-to-earnings-growth ratio of 0.26 and a beta of 0.87. The stock's 50-day moving average is C$4.54 and its 200-day moving average is C$3.81. The company has a debt-to-equity ratio of 49.76, a current ratio of 0.48 and a quick ratio of 0.30.

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.