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

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

Anglo American Platinum Stock Performance

Shares of Anglo American Platinum stock opened at $11.28 on Tuesday. The business has a 50-day moving average of $12.05 and a two-hundred day moving average of $14.13. Anglo American Platinum has a 1 year low of $7.36 and a 1 year high of $19.71.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Anglo American Platinum from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

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.