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

Key Points

• Imperial Metals shares have crossed above their two hundred day moving average, trading at C$3.99 compared to the moving average of C$3.44.
• The company has seen significant insider selling, with insiders selling 111,650 shares worth C$447,393 over the last ninety days.
• Imperial Metals has a market capitalization of C$654.79 million and a debt-to-equity ratio of 49.76.

Imperial Metals Co. (TSE:III - ) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$3.44 and traded as high as C$4.02. Imperial Metals shares last traded at C$3.99, with a volume of 59,779 shares trading hands.

Imperial Metals Price Performance

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's 50-day moving average is C$4.71 and its 200-day moving average is C$3.44. The company has a market cap of C$654.79 million, a PE ratio of 19.86, a PEG ratio of 0.26 and a beta of 1.20.

Insider Activity at Imperial Metals

In related news, Director J. Brian Kynoch sold 10,000 shares of Imperial Metals stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of C$4.61, for a total transaction of C$46,100.00. Also, Senior Officer Sheila Colwill sold 10,000 shares of the stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of C$3.86, for a total value of C$38,600.00. Over the last ninety days, insiders have sold 111,650 shares of company stock worth $447,393. 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.

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