Impala Platinum traded at 16,986.00 this Friday October 23rd, decreasing 384.00 or 2.21 percent since the previous trading session. Looking back, over the last four weeks, Impala Platinum lost 15.74 percent. Over the last 12 months, its price fell by 15.93 percent. Looking ahead, we forecast Impala Platinum to be priced at 16,432.26 by the end of this quarter and at 14,877.00 in one year, according to Trading Economics global macro models projections and analysts expectations.
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. The Company, through its subsidiaries, holds various mining and exploration activities. Its subsidiaries include Impala Platinum Limited (Impala), Zimplats Holdings Limited (Zimplats), Afplats Proprietary Limited (Afplats) and Marula Platinum Proprietary Limited (Marula). The Company also holds interest in Two Rivers Platinum Proprietary Limited (Two Rivers) and Mimosa Investments Limited (Mimosa). The Company's operations in South Africa include Impala, Marula and Two Rivers. The Company's operations in Zimbabwe include Zimplats and Mimosa.