Anglo American Platinum (OTCMKTS:ANGPY) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Anglo American Platinum Limited (OTCMKTS:ANGPYGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.79 and traded as high as $15.29. Anglo American Platinum shares last traded at $15.19, with a volume of 119,799 shares changing hands.

Anglo American Platinum Stock Down 2.0%

The company’s 50 day moving average price is $15.15 and its 200 day moving average price is $11.79.

Anglo American Platinum Company Profile

(Get Free Report)

Anglo American Platinum PLC, trading in the United States as ADRs under the symbol ANGPY, is the world’s largest primary producer of platinum group metals (PGMs). The company’s core activities encompass the mining, processing and marketing of PGMs, which include platinum, palladium, rhodium, ruthenium and iridium. In addition to these key metals, Anglo American Platinum also produces by-product nickel, copper, cobalt and chrome, leveraging its extensive mineral reserves.

The company’s mining operations are concentrated in South Africa’s Bushveld Complex, one of the richest PGM-bearing geological formations in the world.

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