Imperial Metals Co. (OTCMKTS:IPMLF) Short Interest Down 7.0% in October

Imperial Metals Co. (OTCMKTS:IPMLF) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totalling 228,700 shares, a drop of 7.0% from the September 30th total of 245,800 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is currently 55.8 days.

Imperial Metals Price Performance

OTCMKTS IPMLF opened at $1.53 on Thursday. Imperial Metals has a 12 month low of $1.36 and a 12 month high of $1.98. The stock’s 50 day moving average is $1.57 and its 200 day moving average is $1.65.

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.