Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY – Get Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $12.0730, but opened at $13.63. Impala Platinum shares last traded at $13.58, with a volume of 36,822 shares traded.
Wall Street Analysts Forecast Growth
Separately, Zacks Research downgraded Impala Platinum from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Impala Platinum has a consensus rating of “Moderate Buy” and a consensus target price of $23.00.
View Our Latest Analysis on Impala Platinum
Impala Platinum Stock Performance
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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