Sylvania Platinum (LON:SLP) Reaches New 52-Week High - What's Next?

Sylvania Platinum Limited (LON:SLP - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 74 ($0.99) and last traded at GBX 73 ($0.98), with a volume of 2787436 shares. The stock had previously closed at GBX 70 ($0.94).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reduced their price target on shares of Sylvania Platinum from GBX 97 ($1.30) to GBX 93 ($1.25) and set a "buy" rating for the company in a research report on Wednesday, July 2nd.

Sylvania Platinum Stock Performance

The business's fifty day moving average price is GBX 63.61 and its 200-day moving average price is GBX 53.22. The stock has a market capitalization of £235.59 million, a PE ratio of 34.21, a P/E/G ratio of 0.05 and a beta of 0.38. The company has a debt-to-equity ratio of 0.35, a current ratio of 9.94 and a quick ratio of 15.92.

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).