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Impala Platinum (OTCMKTS:IMPUY) Reaches New 52-Week High - Here's Why

Impala Platinum logo with Basic Materials background

Impala Platinum Holdings Limited (OTCMKTS:IMPUY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $8.26 and last traded at $7.98, with a volume of 1720647 shares changing hands. The stock had previously closed at $7.62.

Impala Platinum Stock Performance

The stock's 50 day simple moving average is $6.38 and its 200 day simple moving average is $5.87. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.00 and a quick ratio of 1.43.

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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