Impala Platinum (OTCMKTS:IMPUY) Reaches New 52-Week High - What's Next?

Key Points

• Impala Platinum's share price reached a new 52-week high of $13.54 during trading, closing at $13.49 with a volume of 84,204 shares.
• The company recently announced a dividend of $0.0647 per share, resulting in a substantial dividend yield of 61.0%.
• Impala Platinum Holdings Limited engages in the mining and sale of platinum group metals including platinum, palladium, and rhodium, with operations in South Africa, Zimbabwe, and Canada.

Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY - )'s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $13.54 and last traded at $13.49, with a volume of 84204 shares traded. The stock had previously closed at $12.82.

Impala Platinum Stock Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 2.74 and a quick ratio of 1.23. The stock has a 50 day simple moving average of $10.48 and a 200 day simple moving average of $8.59.

Impala Platinum Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a dividend of $0.0647 per share. The ex-dividend date of this dividend was Friday, September 19th. This represents a dividend yield of 61.0%.

Impala Platinum Company Profile

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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