Impala Platinum (OTCMKTS:IMPUY) Shares Gap Down – Time to Sell?

Impala Platinum Holdings Ltd. (OTCMKTS:IMPUYGet Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $16.68, but opened at $15.65. Impala Platinum shares last traded at $15.58, with a volume of 102,714 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Impala Platinum from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Strong Buy”.

Read Our Latest Research Report on IMPUY

Impala Platinum Stock Performance

The company has a current ratio of 2.74, a quick ratio of 1.23 and a debt-to-equity ratio of 0.02. The stock has a 50-day moving average price of $12.51 and a 200 day moving average price of $11.11.

About Impala Platinum

(Get Free Report)

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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