Impala Platinum (OTCMKTS:IMPUY) Reaches New 1-Year High – Here’s What Happened
by Renee Jackson · The Cerbat GemImpala Platinum Holdings Ltd. (OTCMKTS:IMPUY – Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as $16.84 and last traded at $16.80, with a volume of 253534 shares traded. The stock had previously closed at $16.13.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Impala Platinum from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock currently has an average rating of “Strong Buy”.
Get Our Latest Stock Analysis on Impala Platinum
Impala Platinum Trading Up 4.2%
The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.23 and a current ratio of 2.74. The company has a 50-day moving average of $12.88 and a 200-day moving average of $11.33.
Impala Platinum Company Profile
Impala Platinum (OTCMKTS:IMPUY) is the U.S. American Depositary Receipt program for Impala Platinum Holdings Limited, a South African mining group specializing in the extraction, processing and marketing of platinum group metals (PGMs). Headquartered in Johannesburg, the company’s core products include platinum, palladium, rhodium, ruthenium and iridium, with byproducts such as nickel and gold. Impala Platinum’s integrated operations span the full value chain from underground and surface mining to smelting and refining.
The company’s principal mining assets are located on the Bushveld Complex in South Africa and at the Zimplats operations in Zimbabwe.