Imperial Metals Given Average Recommendation of “Buy” by Brokerages (TSE:III)
Shares of Imperial Metals (TSE:III) have been given a consensus rating of “Buy” by the eight analysts that are currently covering the company, AnalystRatingsNetwork.com reports. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is C$19.18.
A number of research firms have recently commented on III. Analysts at Paradigm Capital raised their price target on shares of Imperial Metals from C$20.00 to C$22.00 in a research note on Friday, May 23rd. They now have a “buy” rating on the stock. Separately, analysts at TD Securities cut their price target on shares of Imperial Metals from C$22.00 to C$20.00 in a research note on Thursday, May 15th. They now have a “buy” rating on the stock. Finally, analysts at Raymond James cut their price target on shares of Imperial Metals from C$18.50 to C$17.50 in a research note on Tuesday, April 15th. They now have a “market perform” rating on the stock.
Shares of Imperial Metals (TSE:III) traded up 0.67% during mid-day trading on Thursday, hitting $15.04. The stock had a trading volume of 3,129 shares. Imperial Metals has a 1-year low of $10.01 and a 1-year high of $18.63. The stock has a 50-day moving average of $14.39 and a 200-day moving average of $15.36. The company has a market cap of $1.127 billion and a P/E ratio of 30.49.
Imperial Metals (TSE:III) last released its earnings data on Wednesday, April 2nd. The company reported $0.10 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.11 by $0.01. On average, analysts predict that Imperial Metals will post $0.53 earnings per share for the current fiscal year.
Imperial Metals Corporation is engaged in the exploration, development and production of base and precious metals from its mineral properties.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.