Anglo American Platinum (OTCMKTS:ANGPY) Trading Down 3.8% – What’s Next?

Anglo American Platinum Limited (OTCMKTS:ANGPYGet Free Report)’s stock price was down 3.8% during trading on Wednesday . The company traded as low as $14.51 and last traded at $14.82. Approximately 426,420 shares were traded during trading, a decline of 11% from the average daily volume of 479,479 shares. The stock had previously closed at $15.40.

Anglo American Platinum Stock Down 3.8%

The business has a 50 day simple moving average of $14.44 and a 200 day simple moving average of $11.29.

About Anglo American Platinum

(Get Free Report)

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.

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