Imperial Metals (TSE:III) Share Price Passes Above 200 Day Moving Average – What’s Next?

Imperial Metals Co. (TSE:III)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.07 and traded as high as C$2.13. Imperial Metals shares last traded at C$1.99, with a volume of 281,900 shares.

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 company has a market capitalization of C$322.12 million, a price-to-earnings ratio of -199.00, a P/E/G ratio of 0.26 and a beta of 1.20. The business’s 50-day moving average is C$1.95 and its 200-day moving average is C$2.07.

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

About Imperial Metals

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.