Impala Platinum (OTCMKTS:IMPUY) Shares Gap Up - What's Next?

Key Points

• Impala Platinum Holdings Ltd. experienced a stock price gap up from $9.07 to $9.81 prior to trading on Tuesday, with the last recorded price at $9.88.
• The company's debt-to-equity ratio is low at 0.02, indicating strong financial stability, alongside a current ratio of 3.11 and a quick ratio of 1.37.
• Impala Platinum is engaged in the mining and refining of platinum group metals and operates primarily in South Africa and Zimbabwe.

Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $9.07, but opened at $9.81. Impala Platinum shares last traded at $9.88, with a volume of 39,212 shares traded.

Impala Platinum Stock Up 5.9%

The company has a current ratio of 3.11, a quick ratio of 1.37 and a debt-to-equity ratio of 0.02. The business's fifty day moving average price is $9.66 and its 200 day moving average price is $7.69.

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.