CIBC Sticks to Their Sell Rating for Imperial Metals (III)


Wall Street analyst has provided a review for the Materials company on August 30, but retained the same rating on the stock. CIBC’s analyst Oscar Cabrera reiterates their Sell rating on the shares of Imperial Metals (TSX: III), with a C$0.60 price target.

Cabrera has an average return of 35.5% when recommending Imperial Metals.

According to TipRanks.com, Cabrera is ranked #4527 out of 4875 analysts.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Imperial Metals with a C$1.38 average price target.

The company has a one-year high of C$4.12 and a one-year low of C$0.93. Currently, Imperial Metals has an average volume of 72.23K.

Imperial Metals Corp. engages in the acquisition, exploration, development, mining and production of base and precious metals from its mineral properties. It operates its business through the following segments: Red Chris, Mount Polley, Sterling, Huckleberry, and Corporate.

The company’s shares closed on Friday at C$1.26, close to its 52-week low of C$0.93.

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