Impala Platinum Holdings Limited (OTCMKTS:IMPUY - Get Free Report) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 307,800 shares, an increase of 65.0% from the October 31st total of 186,600 shares. Based on an average trading volume of 570,900 shares, the days-to-cover ratio is presently 0.5 days.
Impala Platinum Trading Up 0.8 %
OTCMKTS:IMPUY traded up $0.04 on Friday, hitting $5.85. The stock had a trading volume of 49,676 shares, compared to its average volume of 267,419. The firm's fifty day simple moving average is $6.21 and its two-hundred day simple moving average is $5.40. Impala Platinum has a 1 year low of $3.09 and a 1 year high of $7.30. The company has a current ratio of 3.00, a quick ratio of 1.43 and a debt-to-equity ratio of 0.02.
Impala Platinum Company Profile
(
Get Free Report)
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.
See Also
Before you consider Impala Platinum, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Impala Platinum wasn't on the list.
While Impala Platinum currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.