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

Key Points

• Imperial Metals stock (TSE:III) has crossed above its 200-day moving average of C$3.66, trading as high as C$4.90 and currently sitting at C$4.73.
• The company has a market capitalization of C$776.23 million and notable financial ratios including a price-to-earnings ratio of 23.54 and a debt-to-equity ratio of 49.76.
• Insider activity shows Director J. Brian Kynoch sold 10,000 shares at an average price of C$4.61, with insiders selling a total of 24,000 shares worth C$113,740 over the past ninety days.

Shares of Imperial Metals Co. (TSE:III - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$3.66 and traded as high as C$4.90. Imperial Metals shares last traded at C$4.73, with a volume of 61,357 shares traded.

Imperial Metals Price Performance

The business's fifty day moving average is C$4.54 and its 200 day moving average is C$3.71. The company has a current ratio of 0.48, a quick ratio of 0.30 and a debt-to-equity ratio of 49.76. The firm has a market capitalization of C$754.90 million, a P/E ratio of 22.90, a P/E/G ratio of 0.26 and a beta of 1.20.

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.