Anglo American Platinum (ANGPY) Expected to Release Quarterly Earnings on Wednesday

Anglo American Platinum (OTCMKTS:ANGPY) is anticipated to announce its results before the market opens on Wednesday, July 29th. Analysts expect Anglo American Platinum to post earnings of $0.8690 per share and revenue of $4.6635 billion for the quarter.

Anglo American Platinum Price Performance

ANGPY stock opened at $11.35 on Wednesday. The company’s 50-day moving average is $12.29 and its 200-day moving average is $14.23. Anglo American Platinum has a 1 year low of $7.36 and a 1 year high of $19.71.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Anglo American Platinum to a “strong sell” rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

About Anglo American Platinum

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.