Impala Platinum (OTCMKTS:IMPUY) Stock Passes Above 50-Day Moving Average – Here’s Why

Impala Platinum Holdings Limited (OTCMKTS:IMPUYGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.57 and traded as high as $6.75. Impala Platinum shares last traded at $6.72, with a volume of 508,318 shares traded.

Impala Platinum Trading Down 2.9 %

The stock’s 50-day simple moving average is $5.57 and its two-hundred day simple moving average is $5.21. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.43 and a current ratio of 3.00.

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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