Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $11.36, but opened at $10.70. Impala Platinum shares last traded at $10.7450, with a volume of 13,790 shares.
Analysts Set New Price Targets
Separately, Zacks Research cut Impala Platinum from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 9th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $23.00.
View Our Latest Stock Report on IMPUY
Impala Platinum Price Performance
About Impala Platinum
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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