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Impala Platinum (OTCMKTS:IMPUY) Reaches New 52-Week High - Still a Buy?

Impala Platinum logo with Basic Materials background

Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $9.48 and last traded at $9.45, with a volume of 71632 shares traded. The stock had previously closed at $9.23.

Impala Platinum Trading Down 2.6%

The firm's fifty day moving average is $7.55 and its two-hundred day moving average is $6.29.

Impala Platinum Company Profile

(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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