Imperial Metals (III) Price Target Cut to C$2.10

Imperial Metals (TSE:III) had its target price reduced by CIBC from C$2.30 to C$2.10 in a research report report published on Monday, April 2nd.

III has been the topic of several other research reports. TD Securities reduced their target price on shares of Imperial Metals from C$3.25 to C$3.00 and set a hold rating on the stock in a report on Monday, January 15th. Canaccord Genuity cut their price objective on shares of Imperial Metals from C$2.50 to C$1.00 and set a sell rating on the stock in a report on Friday, January 12th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The company has an average rating of Hold and a consensus target price of C$2.87.

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Shares of TSE III opened at C$2.06 on Monday. Imperial Metals has a 52-week low of C$1.85 and a 52-week high of C$6.25.

In other Imperial Metals news, insider Fairholme Capital Management, acquired 12,700 shares of the stock in a transaction that occurred on Wednesday, February 7th. The stock was acquired at an average price of C$2.42 per share, with a total value of C$30,734.00. In the last ninety days, insiders have sold 279,002 shares of company stock valued at $622,568.

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About Imperial Metals

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.

Analyst Recommendations for Imperial Metals (TSE:III)

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