Imperial Metals Corp (III) Insider Purchases C$30,734.00 in Stock

Imperial Metals Corp (TSE:III) insider Fairholme Capital Management, acquired 12,700 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The shares were bought at an average price of C$2.42 per share, with a total value of C$30,734.00.

Fairholme Capital Management, also recently made the following trade(s):

  • On Monday, February 12th, Fairholme Capital Management, sold 120,300 shares of Imperial Metals stock. The shares were sold at an average price of C$2.23, for a total transaction of C$268,269.00.
  • On Friday, February 9th, Fairholme Capital Management, acquired 29,000 shares of Imperial Metals stock. The shares were bought at an average price of C$2.27 per share, with a total value of C$65,830.00.

Imperial Metals Corp (TSE III) opened at C$2.22 on Thursday. The company has a market cap of $260.60, a PE ratio of -20.18 and a beta of 0.47. Imperial Metals Corp has a 12-month low of C$2.19 and a 12-month high of C$7.00.

A number of brokerages recently weighed in on III. TD Securities decreased their price objective on shares of Imperial Metals from C$3.25 to C$3.00 and set a “hold” rating for the company in a report on Monday, January 15th. Canaccord Genuity decreased their price objective on shares of Imperial Metals from C$3.00 to C$2.00 in a report on Thursday, November 16th. CIBC decreased their price objective on shares of Imperial Metals from C$2.90 to C$2.30 in a report on Monday, January 22nd. Finally, Scotiabank decreased their price objective on shares of Imperial Metals from C$2.50 to C$2.00 and set an “underperform” rating for the company in a report on Thursday, November 16th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of C$2.96.

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Imperial Metals Company Profile

Imperial Metals Corporation is engaged in the exploration and development of base and precious metals from its properties. The Company’s properties include Red Chris copper/gold mine in northwest British Columbia; Mount Polley copper/gold mine in central British Columbia, and Huckleberry copper mine in northern British Columbia.

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