Impala Platinum (OTCMKTS:IMPUY) Upgraded to Neutral at Goldman Sachs

Goldman Sachs upgraded shares of Impala Platinum (OTCMKTS:IMPUY) from a sell rating to a neutral rating in a research report sent to investors on Friday, May 11th, MarketBeat.com reports.

A number of other research firms have also issued reports on IMPUY. Zacks Investment Research raised Impala Platinum from a hold rating to a buy rating and set a $3.00 price target on the stock in a report on Thursday, January 18th. ValuEngine raised Impala Platinum from a sell rating to a hold rating in a report on Thursday, May 3rd.

Impala Platinum traded down $0.06, hitting $1.58, during trading hours on Friday, MarketBeat.com reports. The company’s stock had a trading volume of 28,270 shares, compared to its average volume of 70,370. The firm has a market capitalization of $1.21 billion, a PE ratio of -15.80 and a beta of 1.02. Impala Platinum has a 52-week low of $1.50 and a 52-week high of $3.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.05 and a quick ratio of 0.92.

Impala Platinum Company Profile

Impala Platinum Holdings Limited engages in mining, processing, refining, and marketing platinum and associated platinum group metals (PGMs) in South Africa and Zimbabwe. It operates through Mining Operations, Refining Services, Chrome Processing, and Other segments. The company produces platinum, palladium, and rhodium, as well as nickel.

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