Imperial Metals (TSE:III) Issues Quarterly Earnings Results

Imperial Metals (TSE:III) announced its quarterly earnings data on Thursday. The company reported C$0.01 earnings per share (EPS) for the quarter, FiscalAI reports. Imperial Metals had a net margin of 16.39% and a return on equity of 10.49%. The business had revenue of C$149.88 million during the quarter.

Imperial Metals Trading Down 2.6%

Shares of TSE III traded down C$0.16 during midday trading on Thursday, hitting C$6.05. The company’s stock had a trading volume of 244,632 shares, compared to its average volume of 241,369. The company has a current ratio of 0.79, a quick ratio of 0.30 and a debt-to-equity ratio of 18.54. The business’s 50 day moving average is C$8.26 and its two-hundred day moving average is C$8.25. Imperial Metals has a 12-month low of C$5.73 and a 12-month high of C$14.01. The firm has a market cap of C$1.08 billion, a P/E ratio of 10.25, a price-to-earnings-growth ratio of 0.26 and a beta of 0.63.

Insider Activity

In related news, insider Randall Thompson sold 3,000 shares of the business’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of C$9.89, for a total transaction of C$29,670.00. Following the completion of the transaction, the insider owned 15,146 shares in the company, valued at C$149,793.94. The trade was a 16.53% decrease in their position. Over the last three months, insiders sold 15,500 shares of company stock worth $151,750. 49.27% of the stock is currently owned by company insiders.

Imperial Metals Company Profile

Imperial is a Vancouver based exploration, mine development and operating company with holdings that include the Mount Polley mine (100%), the Huckleberry mine (100%), and the Red Chris mine (30%). Imperial also holds a portfolio of 23 greenfield exploration properties in British Columbia.