Imperial Metals (TSE:III) Hits New 12-Month High – Should You Buy?

Imperial Metals Co. (TSE:III) hit a new 52-week high on Tuesday . The company traded as high as C$13.58 and last traded at C$13.14, with a volume of 457215 shares changing hands. The stock had previously closed at C$12.54.

Imperial Metals Price Performance

The stock has a market capitalization of C$2.34 billion, a P/E ratio of 11.95, a PEG ratio of 0.26 and a beta of 1.13. The company has a 50 day moving average of C$9.34 and a 200-day moving average of C$6.81. The company has a quick ratio of 0.30, a current ratio of 0.48 and a debt-to-equity ratio of 49.76.

Imperial Metals (TSE:III) last issued its earnings results on Tuesday, November 4th. The company reported C$0.23 earnings per share for the quarter. Imperial Metals had a net margin of 7.33% and a return on equity of 4.53%. The company had revenue of C$168.75 million for the quarter. Sell-side analysts predict that Imperial Metals Co. will post 0.07 EPS for the current year.

About Imperial Metals

Imperial Metals Corporation is a Vancouver based mining company active in the acquisition, exploration, development, mining and production of base and precious metals. Our principal properties in British Columbia include the wholly owned Mount Polley and Huckleberry copper mines, a 30% interest in the Red Chris mine.