Anglo American Platinum (ANGPY) Projected to Post Quarterly Earnings on Wednesday

Anglo American Platinum (OTCMKTS:ANGPY) is expected to be announcing its results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $0.8690 per share and revenue of $4.6635 billion for the quarter.

Anglo American Platinum Trading Up 5.5%

OTCMKTS ANGPY opened at $11.35 on Wednesday. Anglo American Platinum has a 1 year low of $7.36 and a 1 year high of $19.71. The company has a fifty day moving average price of $12.29 and a 200-day moving average price of $14.23.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Anglo American Platinum to a “strong sell” rating in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Anglo American Platinum has an average rating of “Sell”.

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.