Imperial Metals Corp (III) Cut to Hold at Canaccord Genuity
Several other equities analysts also recently weighed in on III. TD Securities lifted their price target on shares of Imperial Metals Corp from C$6.00 to C$7.00 and gave the company a hold rating in a report on Monday, June 27th. Royal Bank Of Canada reaffirmed a sector perform rating and set a C$7.00 price target on shares of Imperial Metals Corp in a report on Friday, July 22nd. Scotiabank reaffirmed a sector perform rating and set a C$9.00 price target on shares of Imperial Metals Corp in a report on Monday, August 15th. Finally, Paradigm Capital lifted their price target on shares of Imperial Metals Corp from C$5.50 to C$9.50 and gave the company a buy rating in a report on Tuesday, August 16th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of C$10.42.
Shares of Imperial Metals Corp (TSE:III) opened at 6.46 on Wednesday. Imperial Metals Corp has a 12 month low of $3.92 and a 12 month high of $8.50. The firm’s 50-day moving average is $6.99 and its 200 day moving average is $5.91. The stock’s market cap is $528.18 million.
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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