Anglo American Platinum (OTCMKTS:AGPPF) Stock Crosses Above 200 Day Moving Average – Should You Sell?
by Mitch Edgeman · The Markets DailyAnglo American Platinum Limited (OTCMKTS:AGPPF – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $81.46 and traded as high as $95.84. Anglo American Platinum shares last traded at $94.8903, with a volume of 123 shares trading hands.
Anglo American Platinum Price Performance
The company’s 50-day moving average is $91.13 and its two-hundred day moving average is $81.67.
About Anglo American Platinum
Anglo American Platinum Ltd (OTCMKTS: AGPPF), commonly known as Amplats, is the world’s largest primary producer of platinum group metals (PGMs). Headquartered in Johannesburg, South Africa, the company operates as a subsidiary of global mining group Anglo American plc, focusing on the full value chain of PGM production from exploration through to marketing.
Amplats’ core activities encompass the exploration, mining, processing, refining and sale of PGMs, including platinum, palladium, rhodium, ruthenium and iridium, with gold produced as a by-product.