Impala Platinum Holdings Limited (OTCMKTS:IMPUY) Sees Large Drop in Short Interest

Impala Platinum Holdings Limited (OTCMKTS:IMPUY) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 258,800 shares, a drop of 15.7% from the February 28th total of 306,900 shares. Based on an average daily volume of 539,600 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are short sold.

Impala Platinum Stock Down 2.6 %

Shares of Impala Platinum stock traded down $0.17 during trading on Thursday, hitting $6.35. 240,641 shares of the stock traded hands, compared to its average volume of 201,925. The company has a fifty day moving average price of $5.80 and a two-hundred day moving average price of $5.80. Impala Platinum has a twelve month low of $3.95 and a twelve month high of $7.30. The company has a quick ratio of 1.43, a current ratio of 3.00 and a debt-to-equity ratio of 0.02.

Impala Platinum Company Profile

Impala Platinum Holdings Limited engages in the mining, processing, concentrating, refining, and sale of platinum group metals (PGMs) and associated base metals. The company produces platinum, palladium, rhodium, nickel, and by-products, as well as ruthenium, iridium, and gold. It has operations on the PGM-bearing orebodies, including the Bushveld Complex located in South Africa; and the Great Dyke situated in Zimbabwe, as well as the Canadian Shield.