Imperial Metals Co. (OTCMKTS:IPMLF – Get Free Report) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 273,700 shares, an increase of 82.1% from the June 15th total of 150,306 shares. Based on an average daily volume of 67,208 shares, the short-interest ratio is presently 4.1 days.
Imperial Metals Stock Down 7.6%
Shares of Imperial Metals stock opened at $4.77 on Friday. The firm’s 50 day moving average is $4.81 and its 200 day moving average is $6.18. Imperial Metals has a 1 year low of $2.87 and a 1 year high of $10.28.
About Imperial Metals
Imperial Metals Corporation is a Canada-based diversified mining company engaged in the exploration, development, and production of base and precious metals. The company’s principal assets include the Red Chris mine and the Mount Polley mine, both located in British Columbia. These operations focus primarily on the extraction of copper, gold and silver, with by-products such as molybdenum generated at Red Chris.
At Red Chris, Imperial Metals employs both open-pit and underground mining techniques to access copper-gold mineralization hosted within the Early Jurassic Hazelton volcanics.
See Also
- Five stocks we like better than Imperial Metals
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Receive News & Ratings for Imperial Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Metals and related companies with MarketBeat.com's FREE daily email newsletter.
