Anglo American Platinum Limited (OTCMKTS:ANGPY – Get Free Report) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 6,110 shares, a decrease of 63.5% from the May 14th total of 16,762 shares. Based on an average daily trading volume, of 227,284 shares, the days-to-cover ratio is currently 0.0 days.
Anglo American Platinum Stock Up 8.8%
ANGPY stock opened at $12.08 on Friday. Anglo American Platinum has a 1 year low of $6.75 and a 1 year high of $19.71. The stock’s 50 day moving average price is $14.04 and its 200 day moving average price is $14.47.
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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