Anglo American Platinum (OTCMKTS:AGPPF) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Anglo American Platinum Limited (OTCMKTS:AGPPF) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $68.28 and traded as high as $89.24. Anglo American Platinum shares last traded at $83.37, with a volume of 960 shares traded.

Anglo American Platinum Stock Down 6.8%

The business has a 50 day simple moving average of $87.15 and a 200-day simple moving average of $68.28.

Anglo American Platinum Company Profile

Anglo American Platinum Ltd (OTCMKTS: AGPPF), commonly known as Amplats, is the world’s largest primary producer of platinum group metals (PGMs). Headquartered in Johannesburg, South Africa, the company operates as a subsidiary of global mining group Anglo American plc, focusing on the full value chain of PGM production from exploration through to marketing.

Amplats’ core activities encompass the exploration, mining, processing, refining and sale of PGMs, including platinum, palladium, rhodium, ruthenium and iridium, with gold produced as a by-product.