Zacks Research lowered shares of Impala Platinum (OTCMKTS:IMPUY – Free Report) from a hold rating to a strong sell rating in a research note published on Tuesday,Zacks reports.
Impala Platinum Stock Up 1.2%
Shares of IMPUY opened at $11.31 on Tuesday. Impala Platinum has a 12-month low of $10.04 and a 12-month high of $23.50. The business’s fifty day moving average price is $13.34 and its 200 day moving average price is $13.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.09 and a current ratio of 3.76.
Impala Platinum Company Profile
Impala Platinum Holdings Limited, commonly known as Implats, is a South Africa-based mining and metals company focused on the exploration, extraction, processing, refining and marketing of platinum group metals (PGMs). Its principal products include platinum, palladium and rhodium, along with associated metals such as nickel, copper and cobalt.
The company operates a portfolio of mines and processing facilities in southern Africa and Canada. Its assets include Impala Rustenburg and Marula in South Africa, Zimplats in Zimbabwe and Impala Canada’s Lac des Iles operation in Ontario.
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