Impala Platinum (OTCMKTS:IMPUY) Share Price Crosses Below 50-Day Moving Average of $12.31

Impala Platinum Holdings Limited (OTCMKTS:IMPUY – Get Rating) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $12.31 and traded as low as $12.26. Impala Platinum shares last traded at $12.71, with a volume of 73,167 shares.

Analysts Set New Price Targets

Separately, Investec raised Impala Platinum from a “hold” rating to a “buy” rating in a research report on Friday, September 30th.

Impala Platinum Stock Up 2.1 %

The company has a quick ratio of 2.19, a current ratio of 3.63 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average of $12.31 and a two-hundred day moving average of $11.07.

Impala Platinum Company Profile

(Get Rating)

Impala Platinum Holdings Limited engages in the mining, processing, refining, and marketing platinum group metals (PGMs). The company produces platinum, palladium, rhodium, nickel, and by-products. It has operations on the PGM-bearing ore bodies, including the Bushveld Complex located in South Africa; and the Great Dyke situated in Zimbabwe.