Impala Platinum (OTCMKTS:IMPUY) Shares Gap Down – What’s Next?

Impala Platinum Holdings Ltd. (OTCMKTS:IMPUYGet Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $16.68, but opened at $15.65. Impala Platinum shares last traded at $15.58, with a volume of 102,714 shares traded.

Analyst Ratings Changes

Separately, Zacks Research raised Impala Platinum from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Impala Platinum currently has a consensus rating of “Strong Buy”.

View Our Latest Analysis on IMPUY

Impala Platinum Stock Performance

The company has a current ratio of 2.74, a quick ratio of 1.23 and a debt-to-equity ratio of 0.02. The business’s fifty day moving average price is $12.35 and its two-hundred day moving average price is $11.01.

About Impala Platinum

(Get Free Report)

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.

Further Reading

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