Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY – Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $12.98, but opened at $13.71. Impala Platinum shares last traded at $13.42, with a volume of 21,925 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research lowered shares of Impala Platinum from a “hold” rating to a “strong sell” rating in a report on Thursday, July 9th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $23.00.
View Our Latest Report on IMPUY
Impala Platinum Price Performance
About Impala Platinum
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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