Imperial Metals (TSE:III) Reaches New 52-Week Low – Should You Sell?

Imperial Metals Co. (TSE:III)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as C$1.89 and last traded at C$2.03, with a volume of 84468 shares trading hands. The stock had previously closed at C$2.11.

Imperial Metals Stock Performance

The company has a debt-to-equity ratio of 52.52, a current ratio of 0.50 and a quick ratio of 0.30. The stock has a market cap of C$317.27 million, a P/E ratio of -196.00, a PEG ratio of 0.26 and a beta of 1.20. The stock has a 50-day simple moving average of C$2.14 and a 200-day simple moving average of C$2.16.

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

Imperial Metals Company Profile

Imperial Metals Corporation, together with its subsidiaries, engages in the exploration, development, and production of base and precious metals in the United States, Switzerland, China, the Philippines, Singapore, and Canada. It explores for copper, gold, silver, and other precious metals. The company holds 100% interests in the Mount Polley open-pit copper-gold mine located in south-central British Columbia; and the Huckleberry copper mine located in west-central British Columbia.