Impala Platinum (OTCMKTS:IMPUY) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Impala Platinum Holdings Limited (OTCMKTS:IMPUYGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $6.59 and traded as high as $8.93. Impala Platinum shares last traded at $8.80, with a volume of 698,556 shares.

Impala Platinum Trading Up 4.5%

The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.43 and a current ratio of 3.00. The company’s 50 day moving average price is $6.59 and its 200 day moving average price is $5.93.

About Impala Platinum

(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.

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