Anglo American Platinum (ANGPY) to Announce Quarterly Earnings on Wednesday

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

Anglo American Platinum Stock Performance

ANGPY opened at $11.07 on Monday. The firm’s fifty day moving average price is $12.09 and its two-hundred day moving average price is $14.16. Anglo American Platinum has a fifty-two week low of $7.36 and a fifty-two week high of $19.71.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of 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, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Anglo American Platinum Company Profile

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.