Impala Platinum (OTCMKTS:IMPUY) Shares Gap Up - Should You Buy?

Key Points

• Impala Platinum shares gapped up prior to trading on Monday, opening at $10.93 after a previous close of $10.39.
• The company's 50-day moving average price is $9.66, while the 200-day moving average price is $7.71, indicating positive stock momentum.
• Impala Platinum operates primarily in mining and refining platinum group metals in South Africa, Zimbabwe, and Canada, emphasizing its global reach in the metals market.

Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY - )'s stock price gapped up prior to trading on Monday . The stock had previously closed at $10.39, but opened at $10.93. Impala Platinum shares last traded at $10.97, with a volume of 61,237 shares traded.

Impala Platinum Stock Performance

The business's 50 day moving average price is $9.66 and its 200 day moving average price is $7.71. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.37 and a current ratio of 3.11.

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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