Imperial Metals Corp (TSE:III) had its target price lowered by Royal Bank of Canada from C$7.50 to C$6.50 in a research report report published on Thursday. The firm currently has a sector perform rating on the stock.
A number of other research analysts have also recently issued reports on III. Scotiabank cut their price target on Imperial Metals Corp from C$5.50 to C$5.00 and set an underperform rating for the company in a report on Thursday. TD Securities cut their price target on Imperial Metals Corp from C$7.00 to C$6.50 and set a hold rating for the company in a report on Wednesday. Finally, Canaccord Genuity cut Imperial Metals Corp from a hold rating to a sell rating and cut their price target for the company from C$6.50 to C$6.25 in a report on Wednesday, January 18th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of C$6.75.
Shares of Imperial Metals Corp (TSE:III) traded up 0.76% during trading on Thursday, reaching $5.27. 18,350 shares of the company were exchanged. The stock has a 50-day moving average of $5.94 and a 200 day moving average of $6.20. The stock’s market capitalization is $493.20 million. Imperial Metals Corp has a 52-week low of $3.46 and a 52-week high of $8.50.
Imperial Metals Corp 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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