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Imperial Metals (TSE:III) stock price target increased to $3.50, issued a ratings update today by CIBC World Markets

Just yesterday Imperial Metals (TSE:III) traded -5.80% lower at $3.41. Imperial Metals’s 50-day moving average is $3.54 and its 200-day moving average is $4.84. The last stock price is down -29.59% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 154,172 shares of III traded hands, up from an average trading volume of 56,497

In a report released on 9/15/2017 CIBC World Markets increased the stock price target of Imperial Metals (TSE:III) to $3.50 reporting a possible upside of 0.03%.

Previously on Thursday August 17, 2017, Scotia Capital released a statement about Imperial Metals (TSE:III) reduced the target price from $4.00 to $3.50. At the time, this indicated a possible upside of 0.13%.

Recent Performance Chart

Imperial Metals (TSE:III)

Imperial Metals has 52 week low of $2.94 and a 52 week high of $7.89 and has a market capitalization of $0.

In addition to CIBC World Markets reporting its stock price target, a total of 6 brokerages have issued a ratings update on the company. The average stock price target is $5.58 with 1 brokerage rating the stock a strong buy, 0 brokerages rating the stock a buy, 5 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Imperial Metals (TSE:III)

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. It operates through five segments: Mount Polley, Red Chris, Sterling, Huckleberry, and Corporate, which includes all other properties, and related exploration and development activities. The Red Chris copper/gold deposit situated over 18 kilometers southeast of the village of Iskut in northwest British Columbia, and covers over 29,067 hectares. The Mount Polley open pit copper/gold mine is located 56 kilometers northeast of Williams Lake in central British Columbia, and covers over 18,892 hectares. The Huckleberry owns an open pit copper mine located over 88 kilometers south-southwest of Houston in west central British Columbia, and covers 19,780 hectares.

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