Zacks Research Upgrades Impala Platinum (OTCMKTS:IMPUY) to “Hold”

Impala Platinum (OTCMKTS:IMPUY) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a report issued on Monday,Zacks.com reports.

Impala Platinum Stock Performance

Shares of OTCMKTS IMPUY opened at $10.84 on Monday. Impala Platinum has a fifty-two week low of $4.57 and a fifty-two week high of $13.76. The business has a 50 day moving average price of $11.06 and a two-hundred day moving average price of $9.02. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.23 and a current ratio of 2.74.

About Impala Platinum

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.