Imperial Metals Corp (TSE:III) insider Fairholme Capital Management, acquired 29,000 shares of the company’s stock in a transaction dated Friday, February 9th. The shares were purchased at an average price of C$2.27 per share, for a total transaction of C$65,830.00.

Fairholme Capital Management, also recently made the following trade(s):

  • On Wednesday, February 7th, Fairholme Capital Management, acquired 12,700 shares of Imperial Metals stock. The shares were purchased at an average price of C$2.42 per share, for a total transaction of C$30,734.00.

Shares of Imperial Metals Corp (III) opened at C$2.23 on Tuesday. The stock has a market cap of $257.09, a price-to-earnings ratio of -20.27 and a beta of 0.47. Imperial Metals Corp has a 12 month low of C$2.19 and a 12 month high of C$7.24.

A number of research firms have recently issued reports on III. Scotiabank reiterated an “underperform” rating and set a C$3.00 price objective on shares of Imperial Metals in a research note on Tuesday, October 17th. CIBC dropped their price objective on shares of Imperial Metals from C$2.90 to C$2.30 in a research note on Monday, January 22nd. TD Securities dropped their price objective on shares of Imperial Metals from C$3.25 to C$3.00 and set a “hold” rating on the stock in a research note on Monday, January 15th. Finally, Canaccord Genuity dropped their price objective on shares of Imperial Metals from C$3.00 to C$2.00 in a research note on Thursday, November 16th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of C$2.96.

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Imperial Metals 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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