Impala Platinum Holdings Limited (IMPUY) Lowered to Underperform at Royal Bank Of Canada
Impala Platinum Holdings Limited (NASDAQ:IMPUY) was downgraded by equities research analysts at Royal Bank Of Canada from a “sector perform” rating to an “underperform” rating in a note issued to investors on Monday.
Separately, Zacks Investment Research cut shares of Impala Platinum Holdings Limited from a “hold” rating to a “sell” rating in a research report on Tuesday, July 12th.
Impala Platinum Holdings Limited (NASDAQ:IMPUY) traded down 1.98% during midday trading on Monday, reaching $3.96. 31,981 shares of the company’s stock traded hands. The stock’s market cap is $2.81 billion. The company’s 50-day moving average price is $4.58 and its 200-day moving average price is $3.86. Impala Platinum Holdings Limited has a 52-week low of $1.45 and a 52-week high of $5.23.
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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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