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

Impala Platinum Holdings Ltd. (OTCMKTS:IMPUYGet Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $12.98, but opened at $13.71. Impala Platinum shares last traded at $13.42, with a volume of 21,925 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered Impala Platinum from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 9th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $23.00.

View Our Latest Stock Report on IMPUY

Impala Platinum Price Performance

The company has a quick ratio of 1.36, a current ratio of 2.93 and a debt-to-equity ratio of 0.01. The stock’s 50 day moving average price is $11.51 and its 200-day moving average price is $14.28.

Impala Platinum Company Profile

(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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