Can analysts adopt a bullish outlook for Imperial Metals Corp (TSE:III)?

November 14, 2017 - By Adrian Mccoy

 Can analysts adopt a bullish outlook for Imperial Metals Corp (TSE:III)?
Investors sentiment decreased to 1.33 in 2017 Q2. Its down 0.12, from 1.45 in 2017Q1. It is negative, as 5 investors sold Imperial Metals Corp shares while 19 reduced holdings. 12 funds opened positions while 20 raised stakes. 16.32 million shares or 1.78% more from 16.04 million shares in 2017Q1 were reported.
California Pub Employees Retirement System owns 0% invested in Imperial Metals Corp (TSE:III) for 130,200 shares. Wedge Capital Management L L P Nc has 0.01% invested in Imperial Metals Corp (TSE:III) for 190,700 shares. New York State Common Retirement Fund holds 31,700 shares. 45,659 are held by Dimensional Fund Advsrs Ltd Partnership. Texas-based Bridgeway Mgmt Incorporated has invested 0.01% in Imperial Metals Corp (TSE:III). Sg Americas Securities Ltd Liability Company invested 0% of its portfolio in Imperial Metals Corp (TSE:III). Wetherby Asset invested in 0.12% or 175,333 shares. Creative Planning owns 12,100 shares. The Tennessee-based Woodmont Inv Counsel Limited has invested 0.1% in Imperial Metals Corp (TSE:III). Raymond James Associate reported 0% of its portfolio in Imperial Metals Corp (TSE:III). Goldman Sachs Group Inc Incorporated, a New York-based fund reported 30,481 shares. Deutsche Bancorporation Ag invested in 37,157 shares or 0% of the stock. Citigroup reported 0% in Imperial Metals Corp (TSE:III). Geode Mngmt Limited Liability Company invested 0% in Imperial Metals Corp (TSE:III). Ameritas Investment Prns holds 0% or 2,421 shares in its portfolio.

Imperial Metals Corp (TSE:III) Ratings Coverage

Among 6 analysts covering Imperial Metals Corporation (TSE:III), 2 have Buy rating, 2 Sell and 2 Hold. Therefore 33% are positive. Imperial Metals Corporation had 20 analyst reports since August 17, 2015 according to SRatingsIntel. Scotia Capital maintained the shares of III in report on Tuesday, October 17 with “Underperform” rating. The stock of Imperial Metals Corp (TSE:III) earned “Sector Perform” rating by RBC Capital Markets on Friday, July 22. The firm has “Hold On Valuation” rating given on Thursday, January 19 by TD Securities. TD Securities maintained it with “Hold” rating and $7 target in Wednesday, January 4 report. Scotia Capital maintained the stock with “Underperform” rating in Friday, January 20 report. The stock of Imperial Metals Corp (TSE:III) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, December 9. The stock of Imperial Metals Corp (TSE:III) has “Sell” rating given on Wednesday, January 18 by Canaccord Genuity. Below is a list of Imperial Metals Corp (TSE:III) latest ratings and price target changes.

17/10/2017 Broker: Scotia Capital Rating: Underperform New Target: $3.00 Maintain
15/09/2017 Broker: IBC Rating: Outperform New Target: $3.50 Target
17/08/2017 Broker: Scotia Capital Rating: Underperform Old Target: $4.00 New Target: $3.50 Target Down
17/08/2017 Broker: TD Securities Rating: Hold Old Target: $4.50 New Target: $4.00 Target Down
07/07/2017 Broker: Scotia Capital Rating: Underperform Old Target: $5.25 New Target: $4.00 Target Down

About 67,886 shares traded. Imperial Metals Corp (TSE:III) has 0.00% since November 14, 2016 and is . It has underperformed by 16.70% the S&P500.

Imperial Metals Corporation is engaged in the exploration and development of base and precious metals from its properties. The company has market cap of $248.05 million. 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 currently has negative earnings. It operates through five divisions: Mount Polley, Red Chris, Sterling, Huckleberry, and Corporate, which includes all other properties, and related exploration and development activities.

More notable recent Imperial Metals Corp (TSE:III) news were published by: Seekingalpha.com which released: “Imperial Metals (IPMLF) Q2 2017 Results – Earnings Call Transcript” on August 16, 2017, also Globenewswire.com with their article: “Imperial Announces Extension of Covenant Waiver Under Senior Credit Facility” published on September 29, 2017, Seekingalpha.com published: “Imperial Metals (IPMLF) on Q4 2016 Results – Earnings Call Transcript” on April 03, 2017. More interesting news about Imperial Metals Corp (TSE:III) were released by: Marketwired.com and their article: “Northern Empire to Acquire Sterling Gold Mine from Imperial Metals” published on February 15, 2017 as well as Seekingalpha.com‘s news article titled: “Imperial Metals (IPMLF) on Q1 2017 Results – Earnings Call Transcript” with publication date: May 16, 2017.

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