Impala Platinum (OTCMKTS:IMPUY) Share Price Crosses Below 50 Day Moving Average – What’s Next?

Impala Platinum Holdings Ltd. (OTCMKTS:IMPUYGet Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $9.51 and traded as low as $8.50. Impala Platinum shares last traded at $8.76, with a volume of 117,711 shares traded.

Impala Platinum Stock Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 3.11 and a quick ratio of 1.37. The stock’s 50-day moving average is $9.51 and its two-hundred day moving average is $7.47.

About Impala Platinum

(Get Free Report)

Impala Platinum Holdings Limited engages in the mining, processing, concentrating, refining, and sale of platinum group metals (PGMs) and associated base metals. The company produces platinum, palladium, rhodium, nickel, and by-products, as well as ruthenium, iridium, and gold. It has operations on the PGM-bearing orebodies, including the Bushveld Complex located in South Africa; and the Great Dyke situated in Zimbabwe, as well as the Canadian Shield.

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