Sylvania Platinum (LON:SLP) Insider Sells £440,055 in Stock

Key Points

• Insider sale: Johannes Jacobus Prinsloo sold 349,250 shares of Sylvania Platinum at GBX 126 on February 27 for £440,055 and also sold 205,750 shares the same day at GBX 126 for £259,245, a combined ~555,000 shares worth ~£699,300.
• Sylvania shares were up 0.9% and opened at GBX 116, trading near a 52‑week high of GBX 130 with a market cap of about £301.8M and a P/E of 15.01; Berenberg raised its target to GBX 130 and the consensus rating is Buy.

Sylvania Platinum Limited (LON:SLP - Get Free Report) insider Johannes Jacobus Prinsloo sold 349,250 shares of the business's stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of GBX 126, for a total value of £440,055.

Johannes Jacobus Prinsloo also recently made the following trade(s):

• On Friday, February 27th, Johannes Jacobus Prinsloo sold 205,750 shares of Sylvania Platinum stock. The stock was sold at an average price of GBX 126, for a total transaction of £259,245.

Sylvania Platinum Stock Up 0.9%

Shares of LON SLP opened at GBX 116 on Thursday. The company has a quick ratio of 15.92, a current ratio of 5.30 and a debt-to-equity ratio of 0.36. Sylvania Platinum Limited has a 52 week low of GBX 41.25 and a 52 week high of GBX 130. The firm's fifty day moving average is GBX 113.04 and its 200 day moving average is GBX 95.21. The company has a market cap of £301.76 million, a price-to-earnings ratio of 15.01, a PEG ratio of 0.05 and a beta of 0.33.

Analyst Ratings Changes

Separately, Berenberg Bank increased their target price on shares of Sylvania Platinum from GBX 127 to GBX 130 and gave the stock a "buy" rating in a report on Tuesday, January 27th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of GBX 130.

Sylvania Platinum Company Profile

Sylvania Platinum is a rapidly expanding low-cost PGMs producer listed on the London Stock Exchange's Alternative Investment Market AIM: SLP. Sylvania is a mid-tier, lower unit cost Platinum Group Metal (PGM)minerals reprocessing and development Company. Our operational arm, Sylvania Dump Operations (SDO), has six chrome beneficiation and PGM processing plants in the Eastern and Western limb of the Bushveld Igneous Complex (BIC). A pioneer in chrome tailings reprocessing, Sylvania treats a combination of current and historical chrome tailings at our host mine sites.

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