Anglo American Platinum (OTCMKTS:ANGPY) Shares Down 0.3% – Time to Sell?

Shares of Anglo American Platinum Limited (OTCMKTS:ANGPY) fell 0.3% during mid-day trading on Wednesday . The company traded as low as $14.48 and last traded at $14.62. 213,430 shares changed hands during trading, a decline of 38% from the average session volume of 346,496 shares. The stock had previously closed at $14.67.

Anglo American Platinum Price Performance

The business has a 50 day moving average price of $11.34 and a 200 day moving average price of $9.66.

Anglo American Platinum Company Profile

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.