Impala Platinum (OTCMKTS:IMPUY) Receives New Coverage from Analysts at The Goldman Sachs Group

Investment analysts at The Goldman Sachs Group began coverage on shares of Impala Platinum (OTCMKTS:IMPUYGet Rating) in a research report issued on Monday, The Fly reports. The brokerage set a “neutral” rating on the basic materials company’s stock.

Shares of OTCMKTS IMPUY opened at $11.72 on Monday. Impala Platinum has a 12 month low of $10.87 and a 12 month high of $19.64. The company has a 50 day simple moving average of $15.24 and a two-hundred day simple moving average of $14.60.

About Impala Platinum (Get Rating)

Impala Platinum Holdings Limited engages in mining, processing, refining, and marketing platinum group metals (PGMs). The company produces platinum, palladium, rhodium, cobalt, and nickel, as well as chrome. It has operations on the PGM-bearing ore bodies, including the Bushveld Complex located in South Africa; and the Great Dyke situated in Zimbabwe.

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