Deutsche Bank AG Downgrades Impala Platinum Holdings Limited (IMPUY) to Hold

Impala Platinum Holdings Limited (OTC:IMPUY) was downgraded by Deutsche Bank AG from a “buy” rating to a “hold” rating in a research report issued on Wednesday.

Shares of Impala Platinum Holdings Limited (OTC IMPUY) traded up 3.66% on Wednesday, hitting $2.83. 12,254 shares of the stock were exchanged. The stock’s market cap is $2.03 billion. The stock’s 50-day moving average is $2.49 and its 200-day moving average is $2.84. Impala Platinum Holdings Limited has a 1-year low of $2.28 and a 1-year high of $4.28.

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About Impala Platinum Holdings Limited

Impala Platinum Holdings Limited (Implats) is a producer and supplier of platinum group metals (PGMs) to industrial economies. The Company’s segments include mining (which includes Impala, Zimplats, Marula and Afplats), refining services (which include metals purchased and toll refined), chrome processing and other.

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