Imperial Metals Corp (III) Insider Sells C$331,942.19 in Stock

Imperial Metals Corp (TSE:III) insider Fairholme Capital Management, sold 148,853 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of C$2.23, for a total transaction of C$331,942.19.

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

  • On Monday, February 12th, Fairholme Capital Management, sold 120,300 shares of Imperial Metals stock. The shares were sold at an average price of C$2.23, for a total transaction of C$268,269.00.
  • On Wednesday, February 7th, Fairholme Capital Management, acquired 12,700 shares of Imperial Metals stock. The stock was acquired at an average cost of C$2.42 per share, for a total transaction of C$30,734.00.
  • On Friday, February 9th, Fairholme Capital Management, acquired 29,000 shares of Imperial Metals stock. The stock was acquired at an average cost of C$2.27 per share, for a total transaction of C$65,830.00.

Imperial Metals Corp (TSE:III) opened at C$2.35 on Monday. The firm has a market cap of $274.62, a price-to-earnings ratio of -21.36 and a beta of 0.47. Imperial Metals Corp has a 52-week low of C$2.19 and a 52-week high of C$7.00.

A number of brokerages have issued reports on III. Canaccord Genuity reduced their price objective on shares of Imperial Metals from C$2.50 to C$1.00 and set a “sell” rating on the stock in a research note on Friday, January 12th. Scotiabank reduced their price objective on shares of Imperial Metals from C$3.00 to C$2.00 and set an “underperform” rating on the stock in a research note on Tuesday, October 31st. TD Securities reduced 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, CIBC reduced their price objective on shares of Imperial Metals from C$3.50 to C$2.90 in a research note on Friday, November 17th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of C$2.96.

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About Imperial Metals

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.

Insider Buying and Selling by Quarter for Imperial Metals (TSE:III)

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