Impala Platinum (OTCMKTS:IMPUY) Shares Gap Up – Here’s What Happened

Shares of Impala Platinum Holdings Ltd. (OTCMKTS:IMPUYGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $15.29, but opened at $16.10. Impala Platinum shares last traded at $16.05, with a volume of 45,767 shares traded.

Wall Street Analyst Weigh In

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 MarketBeat, Impala Platinum currently has a consensus rating of “Strong Buy”.

Read Our Latest Stock Analysis on IMPUY

Impala Platinum Stock Performance

The company has a quick ratio of 1.23, a current ratio of 2.74 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average price of $12.41 and a 200-day moving average price of $11.05.

Impala Platinum Company Profile

(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.

See Also

Receive News & Ratings for Impala Platinum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Impala Platinum and related companies with MarketBeat.com's FREE daily email newsletter.