Impala Platinum (OTCMKTS:IMPUY) Reaches New 1-Year High – What’s Next?

Shares of Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $13.99 and last traded at $13.82, with a volume of 91728 shares trading hands. The stock had previously closed at $13.47.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Impala Platinum to a “hold” rating in a research report on Monday, October 20th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

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 stock’s fifty day moving average is $11.86 and its two-hundred day moving average is $10.41.

Impala Platinum Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a $0.0647 dividend. This represents a dividend yield of 61.0%. The ex-dividend date of this dividend was Friday, September 19th.

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.