Impala Platinum (OTCMKTS:IMPUY) Shares Gap Up - Should You Buy?

Get Impala Platinum alerts:Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $10.39, but opened at $10.93. Impala Platinum shares last traded at $10.97, with a volume of 61,237 shares traded. Impala Platinum Stock PerformanceThe business's 50 day moving average price is $9.66 and its 200 day moving average price is $7.71. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.37 and a current ratio of 3.11. Impala Platinum Company Profile (Get Free Report)Impala Platinum Holdings Limited engages in the mining, processing, concentrating, refining, and sale of platinum group metals (PGMs) and associated base metals. The company produces platinum, palladium, rhodium, nickel, and by-products, as well as ruthenium, iridium, and gold. It has operations on the PGM-bearing orebodies, including the Bushveld Complex located in South Africa; and the Great Dyke situated in Zimbabwe, as well as the Canadian Shield.Further ReadingFive stocks we like better than Impala PlatinumThe Basics of Support and ResistanceInsiders Sell These High-Quality Stocks: Why Investors Shouldn’tLow PE Growth Stocks: Unlocking Investment Opportunities5 Clean Energy Stocks Poised for the Next Green RallyWhat to Know About Investing in Penny StocksWhat August Labor Data Means for the S&P 500 in SeptemberThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Impala Platinum Right Now?Before you consider Impala Platinum, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Impala Platinum wasn't on the list.While Impala Platinum currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here