ValuEngine Downgrades Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) to Sell
Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Friday, June 2nd.
Several other analysts have also weighed in on IMPUY. Zacks Investment Research raised Impala Platinum Holdings from a “sell” rating to a “hold” rating in a research note on Monday, April 17th. Deutsche Bank AG upgraded Impala Platinum Holdings from a “sell” rating to a “hold” rating in a report on Friday, March 17th. Three research analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. The stock has a consensus rating of “Sell” and an average target price of $4.50.
Impala Platinum Holdings (OTCMKTS IMPUY) traded up 5.07% during mid-day trading on Friday, reaching $2.90. 52,543 shares of the company traded hands. The stock’s market capitalization is $2.08 billion. Impala Platinum Holdings has a 52-week low of $2.53 and a 52-week high of $5.23. The stock has a 50-day moving average of $2.90 and a 200 day moving average of $3.34.
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About Impala Platinum Holdings
Impala Platinum Holdings Limited (Implats) is a producer and supplier of platinum group metals (PGMs) to industrial economies. The Company’s segments include mining (which includes Impala, Zimplats, Marula and Afplats), refining services (which include metals purchased and toll refined), chrome processing and other.
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