Impala Platinum (OTCMKTS:IMPUY – Get Free Report) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Tuesday, Zacks reports.
Impala Platinum Stock Down 2.1%
IMPUY opened at $11.18 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.09 and a current ratio of 3.76. Impala Platinum has a 1 year low of $10.04 and a 1 year high of $23.50. The stock’s 50 day simple moving average is $13.34 and its 200-day simple moving average is $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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