TD Securities Remains a Hold on Imperial Metals (III)


Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Analyst Craig Hutchison from TD Securities rated Imperial Metals (TSX: III) a Hold, setting a C$2.25 price target.

According to TipRanks.com, Hutchison is ranked #595 out of 4853 analysts.

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The word on The Street in general, suggests a Hold analyst consensus rating for Imperial Metals with a C$2.48 average price target, a 92.2% upside from current levels. In a report issued on July 25, GMP FirstEnergy also reiterated a Hold rating on the stock with a C$2.70 price target.

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The company has a one-year high of C$4.12 and a one-year low of C$1.13. Currently, Imperial Metals has an average volume of 47.33K.

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$1.29, close to its 52-week low of C$1.13.

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