Zacks Research upgraded shares of Impala Platinum (OTCMKTS:IMPUY – Free Report) from a strong sell rating to a hold rating in a report released on Monday,Zacks reports.
Impala Platinum Stock Performance
Shares of Impala Platinum stock opened at $15.27 on Monday. 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 firm’s 50 day moving average price is $12.37 and its 200-day moving average price is $13.92. Impala Platinum has a 52-week low of $10.04 and a 52-week high of $23.50.
About Impala Platinum
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.
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