Zacks Research cut shares of Impala Platinum (OTCMKTS:IMPUY – Free Report) from a hold rating to a strong sell rating in a research report sent to investors on Thursday,Zacks.com reports.
Impala Platinum Price Performance
Shares of OTCMKTS:IMPUY traded up $0.24 during trading on Thursday, hitting $11.12. 115,923 shares of the stock were exchanged, compared to its average volume of 209,509. The company has a fifty day moving average price of $12.98 and a two-hundred day moving average price of $15.52. Impala Platinum has a 12-month low of $8.50 and a 12-month high of $23.50.
Impala Platinum Company Profile
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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