Impala Platinum (OTCMKTS:IMPUY) Rating Increased to Hold at Zacks Research

Impala Platinum (OTCMKTS:IMPUYGet Free Report) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday, Zacks reports.

Impala Platinum Trading Up 0.1%

Shares of OTCMKTS IMPUY opened at $15.27 on Monday. The company has a 50 day simple moving average of $12.37 and a 200 day simple moving average of $13.92. Impala Platinum has a 1 year low of $10.04 and a 1 year high of $23.50. The company has a current ratio of 2.93, a quick ratio of 1.36 and a debt-to-equity ratio of 0.01.

About Impala Platinum

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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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