Impala Platinum (OTCMKTS:IMPUY) Stock Price Up 4.1% – Here’s What Happened

Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) shares traded up 4.1% on Monday . The stock traded as high as $13.11 and last traded at $13.01. 92,414 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 269,568 shares. The stock had previously closed at $12.50.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Impala Platinum to a “hold” rating in a report on Monday, October 20th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

Impala Platinum Trading Down 2.2%

The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.23 and a current ratio of 2.74. The firm has a fifty day moving average price of $11.82 and a 200 day moving average price of $10.18.

Impala Platinum Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.0647 per share. The ex-dividend date of this dividend was Friday, September 19th. This represents a yield of 61.0%.

About Impala Platinum

Impala Platinum Holdings Limited engages in the mining, processing, concentrating, refining, and sale of platinum group metals (PGMs) and associated base metals. The company produces platinum, palladium, rhodium, nickel, and by-products, as well as ruthenium, iridium, and gold. It has operations on the PGM-bearing orebodies, including the Bushveld Complex located in South Africa; and the Great Dyke situated in Zimbabwe, as well as the Canadian Shield.