Impala Platinum (OTCMKTS:IMPUY) Raised to "Hold" at Zacks Research

Key Points

• Impala Platinum has been upgraded to a "hold" rating by Zacks Research, reflecting analysts' cautious optimism about the company's stock.
• The company's stock has decreased by 11.7% recently, with current pricing at $10.84 per share and a history of trading between a low of $4.57 and a high of $13.76 over the past year.
• Impala Platinum engages in the mining and refining of platinum group metals (PGMs), including platinum, palladium, and rhodium, with operations primarily in South Africa and Zimbabwe.

Impala Platinum (OTCMKTS:IMPUY - Get Free Report) was upgraded by investment analysts at Zacks Research to a "hold" rating in a report issued on Monday,Zacks.com reports.

Impala Platinum Stock Down 11.7%

Shares of Impala Platinum stock opened at $10.84 on Monday. The company has a current ratio of 2.74, a quick ratio of 1.23 and a debt-to-equity ratio of 0.02. Impala Platinum has a 12-month low of $4.57 and a 12-month high of $13.76. The firm's 50-day moving average price is $11.06 and its two-hundred day moving average price is $9.02.

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.

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