Imperial Metals (TSE:III) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Imperial Metals Co. (TSE:III)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.07 and traded as high as C$2.15. Imperial Metals shares last traded at C$2.13, with a volume of 39,095 shares trading hands.

Imperial Metals Price Performance

The company has a quick ratio of 0.30, a current ratio of 0.50 and a debt-to-equity ratio of 52.52. The firm’s fifty day moving average price is C$1.94 and its 200-day moving average price is C$2.07. The stock has a market cap of C$344.78 million, a P/E ratio of -213.00, a PEG ratio of 0.26 and a beta of 1.20.

Imperial Metals (TSE:III) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C$0.20 earnings per share for the quarter. Imperial Metals had a negative net margin of 0.58% and a negative return on equity of 0.31%. The business had revenue of C$146.10 million during the quarter. Analysts forecast that Imperial Metals Co. will post 0.07 earnings per share for the current year.

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.