Zacks Research lowered shares of Impala Platinum (OTCMKTS:IMPUY – Free Report) from a hold rating to a strong sell rating in a report published on Tuesday morning,Zacks reports.
Impala Platinum Price Performance
OTCMKTS:IMPUY opened at $11.18 on Tuesday. The company has a quick ratio of 2.09, a current ratio of 3.76 and a debt-to-equity ratio of 0.01. Impala Platinum has a 1-year low of $10.04 and a 1-year high of $23.50. The company has a 50-day moving average of $13.34 and a 200 day moving average of $13.26.
Impala Platinum Company Profile
Impala Platinum Holdings Limited, commonly known as Implats, is a South Africa-based mining and metals company focused on the exploration, extraction, processing, refining and marketing of platinum group metals (PGMs). Its principal products include platinum, palladium and rhodium, along with associated metals such as nickel, copper and cobalt.
The company operates a portfolio of mines and processing facilities in southern Africa and Canada. Its assets include Impala Rustenburg and Marula in South Africa, Zimplats in Zimbabwe and Impala Canada’s Lac des Iles operation in Ontario.
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