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

Key Points

• Imperial Metals' stock (TSE:III) surpassed its 200-day moving average of C$4.18, trading as high as C$5.95, and is currently at C$5.89.
• The company has a market capitalization of C$962.04 million and a price-to-earnings ratio of 5.45, indicating potentially favorable valuation metrics.
• Imperial Metals is involved in mining and production activities for base and precious metals in British Columbia, with key assets including the Mount Polley and Huckleberry copper mines.

Imperial Metals Co. (TSE:III - ) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$4.18 and traded as high as C$5.95. Imperial Metals shares last traded at C$5.89, with a volume of 147,369 shares changing hands.

Imperial Metals Price Performance

The company's fifty day moving average price is C$4.75 and its 200 day moving average price is C$4.18. The company has a debt-to-equity ratio of 49.76, a quick ratio of 0.30 and a current ratio of 0.48. The firm has a market capitalization of C$962.04 million, a price-to-earnings ratio of 5.45, a price-to-earnings-growth ratio of 0.26 and a beta of 0.87.

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.

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