Imperial Metals (TSE:III) had its target price reduced by stock analysts at CIBC from C$2.10 to C$1.90 in a research report issued on Tuesday. CIBC’s target price indicates a potential upside of 3.26% from the company’s current price.
A number of other brokerages also recently commented on III. TD Securities lowered their target price on shares of Imperial Metals from C$3.25 to C$3.00 and set a “hold” rating for the company in a research note on Monday, January 15th. Paradigm Capital decreased their price objective on shares of Imperial Metals from C$3.30 to C$3.10 in a research note on Wednesday, April 4th. 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$2.83.
Shares of Imperial Metals opened at C$1.84 on Tuesday, Marketbeat Ratings reports. Imperial Metals has a 12 month low of C$1.80 and a 12 month high of C$5.51.
Imperial Metals (TSE:III) last issued its earnings results on Wednesday, March 28th. The company reported C$0.01 EPS for the quarter, missing analysts’ consensus estimates of C$0.13 by C($0.12). The firm had revenue of C$140.47 million for the quarter. Imperial Metals had a negative return on equity of 1.97% and a negative net margin of 2.36%.
Imperial Metals Company Profile
Imperial Metals Corporation acquires, explores for, develops, and produces base and precious metals in Canada. The company explores for gold, copper, zinc, and lead. It operates through Red Chris, Mount Polley, Sterling, Huckleberry, and Corporate segments. The company's key projects are Red Chris copper/gold mine in northwest British Columbia; Mount Polley copper/gold mine in central British Columbia; and Huckleberry copper mine in west central British Columbia.
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