Impala Platinum Holdings Limited (IMPUY) Lowered to “Underperform” at RBC Capital Markets
Impala Platinum Holdings Limited (NASDAQ:IMPUY) was downgraded by equities research analysts at RBC Capital Markets from a “sector perform” rating to an “underperform” rating in a research report issued to clients and investors on Monday.
A number of other equities analysts also recently issued reports on the company. Zacks Investment Research downgraded Impala Platinum Holdings Limited from a “hold” rating to a “sell” rating in a report on Tuesday, July 12th. Royal Bank Of Canada downgraded Impala Platinum Holdings Limited from a “sector perform” rating to an “underperform” rating in a report on Monday.
Shares of Impala Platinum Holdings Limited (NASDAQ:IMPUY) traded down 1.98% during midday trading on Monday, reaching $3.96. 31,981 shares of the company traded hands. The stock’s 50-day moving average is $4.58 and its 200-day moving average is $3.86. Impala Platinum Holdings Limited has a 1-year low of $1.45 and a 1-year high of $5.23. The stock’s market capitalization is $2.81 billion.
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Impala Platinum Holdings Limited Company Profile
Impala Platinum Holdings Limited is a producer of platinum and associated platinum group metals (PGMs). The Company’s segments include Mining segment, Impala Refining Services, Chrome processing and Other. The Company’s Mining segment includes Impala, Zimplats, Marula and Afplats. The Company has six operating units: Impala, Zimplats, Marula, Mimosa, Two Rivers and Impala Refining Services.
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