Imperial Metals (TSE:III) Sets New 12-Month Low – Should You Sell?

Shares of Imperial Metals Co. (TSE:III) reached a new 52-week low during trading on Tuesday. The stock traded as low as C$5.95 and last traded at C$5.98, with a volume of 24,493 shares trading hands. The stock had previously closed at C$6.27.

Imperial Metals Stock Down 2.6%

The business’s 50 day simple moving average is C$8.26 and its 200 day simple moving average is C$8.25. 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 firm has a market capitalization of C$1.08 billion, a PE ratio of 10.25, a PEG ratio of 0.26 and a beta of 0.63.

Imperial Metals (TSE:III) last announced its earnings results on Thursday, November 5th. The company reported C$0.01 earnings per share (EPS) for the quarter. Imperial Metals had a net margin of 16.39% and a return on equity of 10.49%. The firm had revenue of C$149.88 million for the quarter. On average, equities research analysts forecast that Imperial Metals Co. will post 0.07 earnings per share for the current year.

Insiders Place Their Bets

In other Imperial Metals news, insider Randall Thompson sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of C$9.89, for a total transaction of C$29,670.00. Following the sale, the insider directly owned 15,146 shares of the company’s stock, valued at C$149,793.94. The trade was a 16.53% decrease in their ownership of the stock. Insiders sold 15,500 shares of company stock worth $151,750 over the last quarter. Insiders own 49.27% of the company’s stock.

About Imperial Metals

Imperial is a Vancouver based exploration, mine development and operating company with holdings that include the Mount Polley mine (100%), the Huckleberry mine (100%), and the Red Chris mine (30%). Imperial also holds a portfolio of 23 greenfield exploration properties in British Columbia.