Imperial Metals Stock Today
| III Stock | CAD 2.52 0.16 6.78% |
Performance0 of 100
| Odds Of DistressLess than 34
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Imperial Metals is selling at 2.52 as of the 18th of April 2024; that is 6.78 percent increase since the beginning of the trading day. The stock's open price was 2.36. Imperial Metals has about a 34 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Imperial Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of September 2022 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Imperial Metals Corporation, a mining company, engages in the acquisition, exploration, development, mining, and production of base and precious metals in Canada. The company was founded in 1959 and is based in Vancouver, Canada. IMPERIAL METALS operates under Copper classification in Canada and is traded on Toronto Stock Exchange. The company has 161.87 M outstanding shares of which 69.61 K shares are currently shorted by private and institutional investors with about 0.89 days to cover all short positions. More on Imperial Metals
Moving against Imperial Stock
| 0.45 | BNS | Bank of Nova Scotia | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Imperial Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Imperial Metals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Imperial Metals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Pierre Lebel | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Copper, Basic Materials (View all Sectors) | ||||
Imperial Metals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Imperial Metals' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Imperial Metals' financial leverage. It provides some insight into what part of Imperial Metals' total assets is financed by creditors.
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Imperial Metals (III) is traded on Toronto Exchange in Canada and employs 26 people. Imperial Metals is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 394.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Imperial Metals's market, we take the total number of its shares issued and multiply it by Imperial Metals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Imperial Metals operates under Metals & Mining sector and is part of Materials industry. The entity has 161.87 M outstanding shares of which 69.61 K shares are currently shorted by private and institutional investors with about 0.89 days to cover all short positions.
Imperial Metals has accumulated about 67.59 M in cash with (3.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53.
Check Imperial Metals Probability Of Bankruptcy
Ownership AllocationImperial Metals has a total of 161.87 Million outstanding shares. Imperial Metals secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Imperial Ownership Details
Imperial Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Imperial Metals jumping above the current price in 90 days from now is roughly 2.76%. The Imperial Metals probability density function shows the probability of Imperial Metals stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Imperial Metals has a beta of 0.3045. This usually indicates as returns on the market go up, Imperial Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Imperial Metals will be expected to be much smaller as well. Additionally, imperial Metals has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Imperial Metals to move above the current price in 90 days from now is roughly 2.76 (This Imperial Metals probability density function shows the probability of Imperial Stock to fall within a particular range of prices over 90 days) .
Imperial Metals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Imperial Metals market risk premium is the additional return an investor will receive from holding Imperial Metals long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Imperial Metals. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Imperial Metals' alpha and beta are two of the key measurements used to evaluate Imperial Metals' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.76 | |||
| Standard Deviation | 2.57 | |||
| Variance | 6.59 | |||
| Risk Adjusted Performance | 0.0014 |
Imperial Stock Against Markets
Picking the right benchmark for Imperial Metals stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Imperial Metals stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Imperial Metals is critical whether you are bullish or bearish towards Imperial Metals at a given time. Please also check how Imperial Metals' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Imperial Metals without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Imperial Metals Corporate Directors
Imperial Metals corporate directors refer to members of an Imperial Metals board of directors. The board of directors generally takes responsibility for the Imperial Metals' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Imperial Metals' board members must vote for the resolution. The Imperial Metals board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Janine North | Independent Director | Profile | |
| Larry Moeller | Lead Independent Director | Profile | |
| Laurie Pare | Independent Director | Profile | |
| Edward Yurkowski | Independent Director | Profile |
How to buy Imperial Stock?
Before investing in Imperial Metals, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Imperial Metals. To buy Imperial Metals stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Imperial Metals. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Imperial Metals stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Imperial Metals stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Imperial Metals stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Imperial Metals, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Imperial Metals?
The danger of trading Imperial Metals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Imperial Metals is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Imperial Metals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Imperial Metals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imperial Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Imperial Stock analysis
When running Imperial Metals' price analysis, check to measure Imperial Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Imperial Metals is operating at the current time. Most of Imperial Metals' value examination focuses on studying past and present price action to predict the probability of Imperial Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imperial Metals' price. Additionally, you may evaluate how the addition of Imperial Metals to your portfolios can decrease your overall portfolio volatility.
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