Anglo American Platinum Limited (OTCMKTS:ANGPY – Get Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 95,988 shares, a growth of 1,471.0% from the May 31st total of 6,110 shares. Based on an average daily volume of 457,613 shares, the short-interest ratio is currently 0.2 days.
Anglo American Platinum Trading Up 6.4%
ANGPY traded up $0.69 during trading on Thursday, hitting $11.41. The company’s stock had a trading volume of 114,492 shares, compared to its average volume of 283,951. The firm’s 50 day moving average price is $13.58 and its two-hundred day moving average price is $14.54. Anglo American Platinum has a 12 month low of $7.24 and a 12 month high of $19.71.
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.
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