Imperial Metals (III) Price Target Lowered to C$3.10 at Paradigm Capital

Imperial Metals (TSE:III) had its target price reduced by Paradigm Capital from C$3.30 to C$3.10 in a research note released on Wednesday morning.

Other analysts have also issued reports about the stock. CIBC reduced their price target on shares of Imperial Metals from C$2.30 to C$2.10 in a research note on Monday, April 2nd. TD Securities dropped their price objective on shares of Imperial Metals from C$3.00 to C$2.50 and set a hold rating on the stock in a report on Tuesday, April 3rd. Finally, Canaccord Genuity dropped their price objective on shares of Imperial Metals from C$2.50 to C$1.00 and set a sell rating on the stock in a report on Friday, January 12th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The stock has an average rating of Hold and an average price target of C$2.87.

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Shares of III stock opened at C$2.00 on Wednesday. Imperial Metals has a 52 week low of C$1.85 and a 52 week high of C$6.25.

In other Imperial Metals news, insider Fairholme Capital Management, acquired 12,700 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The shares were bought at an average price of C$2.42 per share, with a total value of C$30,734.00. In the last three months, insiders sold 279,002 shares of company stock worth $622,568.

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Imperial Metals Company Profile

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.

Analyst Recommendations for Imperial Metals (TSE:III)

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