TD Securities Trims Imperial Metals (III) Target Price to C$2.75
Imperial Metals (TSE:III) had its target price reduced by TD Securities from C$3.00 to C$2.75 in a report released on Thursday morning, BayStreet.CA reports. They currently have a hold rating on the stock.
III has been the subject of a number of other reports. Canaccord Genuity upgraded shares of Imperial Metals from a hold rating to a buy rating and lifted their target price for the stock from C$1.65 to C$4.00 in a research note on Monday, March 11th. CIBC upgraded shares of Imperial Metals from an underperform rating to a neutral rating and lifted their target price for the stock from C$0.60 to C$3.50 in a research note on Wednesday, March 13th.
III stock opened at C$2.55 on Thursday. The company has a market capitalization of $324.13 million and a P/E ratio of -2.41. The company has a quick ratio of 0.03, a current ratio of 0.10 and a debt-to-equity ratio of 216.07. Imperial Metals has a 52 week low of C$0.93 and a 52 week high of C$3.50.
About Imperial Metals
Imperial Metals Corporation acquires, explores for, develops, and produces base and precious metals in Canada. The company explores for gold, copper, zinc, and lead. It operates through Red Chris, Mount Polley, Sterling, Huckleberry, and Corporate segments. The company's key projects are Red Chris copper/gold mine in northwest British Columbia; Mount Polley copper/gold mine in central British Columbia; and Huckleberry copper mine in west central British Columbia.
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