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Eastern Platinum (TSE:ELR) Reaches New 52-Week High - What's Next?

Eastern Platinum logo with Basic Materials background

Eastern Platinum Limited (TSE:ELR - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.35 and last traded at C$0.36, with a volume of 1354146 shares traded. The stock had previously closed at C$0.31.

Eastern Platinum Trading Down 12.7%

The firm has a 50-day moving average price of C$0.16 and a 200-day moving average price of C$0.16. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.48 and a current ratio of 0.64. The stock has a market cap of C$44.13 million, a PE ratio of 56.06 and a beta of 1.54.

About Eastern Platinum

(Get Free Report)

Eastern Platinum Ltd. is engaged in mining, exploration, and development of platinum group metal (PGM) and chrome properties located in various provinces in South Africa. The firm's projects include Crocodile River Mine and Mareesburg.

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