Insider Selling: Imperial Metals (TSE:III) Insider Sells C$93,005.00 in Stock

Imperial Metals Co. (TSE:III) insider Randall Thompson sold 9,500 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of C$9.79, for a total value of C$93,005.00. Following the transaction, the insider owned 21,146 shares of the company’s stock, valued at approximately C$207,019.34. This trade represents a 31.00% decrease in their ownership of the stock.

Imperial Metals Stock Down 1.2%

III opened at C$9.31 on Friday. Imperial Metals Co. has a 1-year low of C$5.06 and a 1-year high of C$14.01. The company has a current ratio of 0.79, a quick ratio of 0.30 and a debt-to-equity ratio of 18.54. The stock has a market capitalization of C$1.66 billion, a price-to-earnings ratio of 15.78, a P/E/G ratio of 0.26 and a beta of 0.91. The business has a 50 day moving average of C$7.96 and a 200-day moving average of C$7.78.

Imperial Metals (TSE:III) last announced its earnings results on Thursday, August 6th. The company reported C$0.13 earnings per share (EPS) for the quarter. The business had revenue of C$166.52 million for the quarter. Imperial Metals had a net margin of 16.39% and a return on equity of 10.49%. As a group, sell-side analysts anticipate that Imperial Metals Co. will post 0.07 earnings per share for the current year.

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.