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

Impala Platinum Holdings Limited (OTCMKTS:IMPUYGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.25 and traded as high as $5.41. Impala Platinum shares last traded at $5.29, with a volume of 65,125 shares changing hands.

Impala Platinum Price Performance

The stock has a fifty day moving average of $5.24 and a two-hundred day moving average of $5.49. 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 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.

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