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Shares of Imperial Metals (TSE:III) have been given an average rating of “Buy” by the eight ratings firms that are presently covering the company, Stock Ratings Network reports. Three research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$17.47.

Imperial Metals (TSE:III) traded down 1.38% on Thursday, hitting $10.00. 212,983 shares of the company’s stock traded hands. Imperial Metals has a 1-year low of $9.06 and a 1-year high of $18.63. The stock’s 50-day moving average is $15.92 and its 200-day moving average is $15.59. The company has a market cap of $749.5 million and a price-to-earnings ratio of 20.69.

A number of analysts have recently weighed in on III shares. Analysts at Scotiabank cut their price target on shares of Imperial Metals from C$17.00 to C$13.50 in a research note on Wednesday. They now have a “sector perform” rating on the stock. Separately, analysts at TD Securities downgraded shares of Imperial Metals from a “buy” rating to a “hold” rating in a research note on Wednesday. They now have a C$12.00 price target on the stock, down previously from C$20.00. Finally, 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.

Imperial Metals Corporation is engaged in the exploration, development and production of base and precious metals from its mineral properties.

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