Impala Platinum (OTCMKTS:IMPUY) Sets New 12-Month High - Still a Buy?
Impala Platinum (OTCMKTS:IMPUY) reached a new 52-week high of $13.25, closing at $13.24 with a trading volume of 110,771 shares. The stock is up 3.5% and has a low debt-to-equity ratio of 0.02. A recent dividend of $0.0647 was paid, yielding 61.0%. Analysts currently rate the stock as a Hold, suggesting there may be better investment options available.
Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $13.25 and last traded at $13.24, with a volume of 110771 shares trading hands. The stock had previously closed at $12.74.
Get Impala Platinum alerts:
Impala Platinum Trading Up 3.5%
The company has a debt-to-equity ratio of 0.02, a current ratio of 2.74 and a quick ratio of 1.23. The company has a 50 day simple moving average of $10.23 and a 200 day simple moving average of $8.37.
Impala Platinum Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a $0.0647 dividend. The ex-dividend date of this dividend was Friday, September 19th. This represents a yield of 61.0%.
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.
Further Reading
- Five stocks we like better than Impala Platinum
- What is a penny stock? A comprehensive guide
- Marvell Soars on +$6B in Buybacks—Can the Recovery Continue?
- Industrial Products Stocks Investing
- Is Intuitive Surgical the Hidden Winner in Healthcare’s Weakness?
- Canada Bond Market Holiday: How to Invest and Trade
- Lithium Americas Stock Exploded Last Week—Here’s Why
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Impala Platinum Right Now?
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
