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Impala Platinum (OTCMKTS:IMPUY) Shares Cross Above 50 Day Moving Average - What's Next?

Impala Platinum logo with Basic Materials background

Impala Platinum Holdings Limited (OTCMKTS:IMPUY - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $6.59 and traded as high as $8.93. Impala Platinum shares last traded at $8.80, with a volume of 698,556 shares trading hands.

Impala Platinum Stock Performance

The company has a current ratio of 3.00, a quick ratio of 1.43 and a debt-to-equity ratio of 0.02. The firm's 50 day simple moving average is $6.59 and its 200-day simple moving average is $5.93.

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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