Anglo American Platinum (OTCMKTS:ANGPY) Raised to Strong Sell at Zacks Research

Anglo American Platinum (OTCMKTS:ANGPY) was upgraded by equities research analysts at Zacks Research to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Anglo American Platinum Stock Performance

OTCMKTS ANGPY opened at $11.01 on Tuesday. Anglo American Platinum has a fifty-two week low of $7.36 and a fifty-two week high of $19.71. The stock’s 50-day moving average is $12.60 and its two-hundred day moving average is $14.33.

Anglo American Platinum Company Profile

Anglo American Platinum PLC, trading in the United States as ADRs under the symbol ANGPY, is the world’s largest primary producer of platinum group metals (PGMs). The company’s core activities encompass the mining, processing and marketing of PGMs, which include platinum, palladium, rhodium, ruthenium and iridium. In addition to these key metals, Anglo American Platinum also produces by-product nickel, copper, cobalt and chrome, leveraging its extensive mineral reserves.

The company’s mining operations are concentrated in South Africa’s Bushveld Complex, one of the richest PGM-bearing geological formations in the world.