Imperial Metals (OTCMKTS:IPMLF) Trading Up 5.1% – Time to Buy?

Shares of Imperial Metals Co. (OTCMKTS:IPMLF) traded up 5.1% on Tuesday . The stock traded as high as $7.42 and last traded at $7.3575. 47,802 shares traded hands during mid-day trading, an increase of 288% from the average session volume of 12,327 shares. The stock had previously closed at $7.00.

Imperial Metals Stock Up 5.1%

The stock has a 50 day moving average of $5.49 and a 200 day moving average of $4.31.

Imperial Metals Company Profile

Imperial Metals Corporation is a Canada-based diversified mining company engaged in the exploration, development, and production of base and precious metals. The company’s principal assets include the Red Chris mine and the Mount Polley mine, both located in British Columbia. These operations focus primarily on the extraction of copper, gold and silver, with by-products such as molybdenum generated at Red Chris.

At Red Chris, Imperial Metals employs both open-pit and underground mining techniques to access copper-gold mineralization hosted within the Early Jurassic Hazelton volcanics.