Impala Platinum Holdings Limited (OTCMKTS:IMPUY - Get Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 236,500 shares, a decline of 27.0% from the April 30th total of 324,100 shares. Based on an average daily volume of 214,600 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.0% of the shares of the company are sold short.
Impala Platinum Stock Performance
Shares of OTCMKTS IMPUY traded up $0.01 during trading on Tuesday, reaching $7.31. 484,499 shares of the stock traded hands, compared to its average volume of 252,947. The company has a quick ratio of 1.43, a current ratio of 3.00 and a debt-to-equity ratio of 0.02. Impala Platinum has a 52-week low of $3.95 and a 52-week high of $8.22. The company has a 50-day moving average of $6.35 and a 200-day moving average of $5.85.
Impala Platinum Company Profile
(
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.
Recommended Stories
Before you consider Impala Platinum, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Impala Platinum wasn't on the list.
While Impala Platinum currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.