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Investment analysts at TD Securities lowered their price target on shares of Imperial Metals (TSE:III) from C$12.00 to C$11.50 in a note issued to investors on Monday. TD Securities’ target price suggests a potential upside of 13.75% from the stock’s previous close.

Imperial Metals (TSE:III) traded down 1.09% on Monday, hitting $10.00. The stock had a trading volume of 53,553 shares. Imperial Metals has a one year low of $8.65 and a one year high of $18.63. The stock has a 50-day moving average of $14.78 and a 200-day moving average of $15.25. The company has a market cap of $749.5 million and a P/E ratio of 20.63.

Imperial Metals (TSE:III) last issued its quarterly earnings data on Monday, August 18th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. Analysts expect that Imperial Metals will post $0.26 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on III. Analysts at Canaccord Genuity initiated coverage on shares of Imperial Metals in a research note on Monday. They set a “hold” rating and a C$11.50 price target on the stock. Separately, 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, August 6th. They now have a “sector perform” rating on the stock. 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. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of C$16.09.

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

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