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Impala Platinum (OTCMKTS:IMPUY) Shares Down 4.6% - Here's Why

Impala Platinum logo with Basic Materials background

Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY - Get Free Report) fell 4.6% on Friday . The stock traded as low as $8.65 and last traded at $8.72. 52,457 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 293,374 shares. The stock had previously closed at $9.14.

Impala Platinum Price Performance

The business has a 50 day simple moving average of $7.21 and a two-hundred day simple moving average of $6.14.

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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