Imperial Metals (TSE:III) Reaches New 52-Week Low – Here’s Why

Imperial Metals Co. (TSE:III) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$1.81 and last traded at C$1.88, with a volume of 7552 shares traded. The stock had previously closed at C$1.93.

Imperial Metals Price Performance

The company’s 50-day moving average price is C$2.08 and its 200-day moving average price is C$2.13. The company has a quick ratio of 0.30, a current ratio of 0.50 and a debt-to-equity ratio of 52.52. The firm has a market cap of C$288.13 million, a price-to-earnings ratio of -178.00, a PEG ratio of 0.26 and a beta of 1.20.

Imperial Metals (TSE:III) last posted its quarterly earnings results on Tuesday, November 5th. The company reported C$0.20 EPS for the quarter. The business had revenue of C$146.10 million during the quarter. Imperial Metals had a negative net margin of 0.58% and a negative return on equity of 0.31%. On average, equities research analysts forecast that Imperial Metals Co. will post 0.07 EPS for the current year.

Imperial Metals Company Profile

Imperial Metals Corporation, together with its subsidiaries, engages in the exploration, development, and production of base and precious metals in the United States, Switzerland, China, the Philippines, Singapore, and Canada. It explores for copper, gold, silver, and other precious metals. The company holds 100% interests in the Mount Polley open-pit copper-gold mine located in south-central British Columbia; and the Huckleberry copper mine located in west-central British Columbia.