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Impala Platinum (OTCMKTS:IMPUY) Sets New 1-Year High - What's Next?

Impala Platinum logo with Basic Materials background

Key Points

  • Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) reached a new 52-week high of $11.95, closing at $11.54 with a trading volume of 104,006 shares.
  • The company announced a dividend of $0.0647 per share, with a remarkable yield of 61.0%, to be paid on September 29th.
  • Impala Platinum maintains a low debt-to-equity ratio of 0.02 and has strong liquidity ratios, indicating financial stability.
  • Five stocks we like better than Impala Platinum.

Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY - Get Free Report)'s stock price hit a new 52-week high on Thursday . The stock traded as high as $11.95 and last traded at $11.54, with a volume of 104006 shares traded. The stock had previously closed at $11.76.

Impala Platinum Stock Down 1.9%

The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.23 and a current ratio of 2.74. The stock's 50 day moving average is $10.04 and its two-hundred day moving average is $8.18.

Impala Platinum Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 22nd will be given a dividend of $0.0647 per share. The ex-dividend date is Friday, September 19th. This represents a dividend yield of 61.0%.

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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