Imperial Metals Corp (III) Insider Fairholme Capital Management, Acquires 12,700 Shares

Imperial Metals Corp (TSE:III) insider Fairholme Capital Management, acquired 12,700 shares of Imperial Metals stock in a transaction dated Wednesday, February 7th. The shares were acquired at an average price of C$2.42 per share, with a total value of C$30,734.00.

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

  • On Friday, February 9th, Fairholme Capital Management, acquired 29,000 shares of Imperial Metals stock. The shares were acquired at an average price of C$2.27 per share, with a total value of C$65,830.00.

Shares of Imperial Metals Corp (TSE III) traded up C$0.03 during trading hours on Monday, reaching C$2.23. 133,085 shares of the company traded hands, compared to its average volume of 120,901. Imperial Metals Corp has a twelve month low of C$2.19 and a twelve month high of C$7.24. The firm has a market cap of $257.09, a P/E ratio of -20.27 and a beta of 0.47.

A number of equities analysts have recently commented on the stock. TD Securities reduced their price objective 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. Canaccord Genuity reduced their price objective on shares of Imperial Metals from C$3.00 to C$2.00 in a research note on Thursday, November 16th. CIBC reduced their price objective on shares of Imperial Metals from C$2.90 to C$2.30 in a research note on Monday, January 22nd. Finally, Scotiabank restated an “underperform” rating and set a C$3.00 price objective on shares of Imperial Metals in a research note on Tuesday, October 17th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target 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.

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