Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY – Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $11.12, but opened at $10.4101. Impala Platinum shares last traded at $10.55, with a volume of 44,558 shares traded.
Analyst Upgrades and Downgrades
Separately, Zacks Research downgraded shares of Impala Platinum from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.
Read Our Latest Report on Impala Platinum
Impala Platinum Stock Performance
Impala Platinum Company Profile
Impala Platinum (OTCMKTS:IMPUY) is the U.S. American Depositary Receipt program for Impala Platinum Holdings Limited, a South African mining group specializing in the extraction, processing and marketing of platinum group metals (PGMs). Headquartered in Johannesburg, the company’s core products include platinum, palladium, rhodium, ruthenium and iridium, with byproducts such as nickel and gold. Impala Platinum’s integrated operations span the full value chain from underground and surface mining to smelting and refining.
The company’s principal mining assets are located on the Bushveld Complex in South Africa and at the Zimplats operations in Zimbabwe.
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