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Sylvania Platinum (LON:SLP) Share Price Crosses Below Two Hundred Day Moving Average - Should You Sell?

Sylvania Platinum logo with Basic Materials background

Shares of Sylvania Platinum Limited (LON:SLP - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 46.82 ($0.62) and traded as low as GBX 46.50 ($0.62). Sylvania Platinum shares last traded at GBX 48 ($0.64), with a volume of 296,295 shares traded.

Sylvania Platinum Stock Up 0.9 %

The stock has a market capitalization of £151.36 million, a P/E ratio of 21.98, a price-to-earnings-growth ratio of 0.05 and a beta of 0.38. The firm has a 50 day moving average of GBX 49.75 and a 200-day moving average of GBX 46.81. 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 (LON:SLP - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported GBX 2.73 ($0.04) EPS for the quarter. Sylvania Platinum had a return on equity of 2.82% and a net margin of 8.55%. On average, equities research analysts expect that Sylvania Platinum Limited will post 3.8694929 earnings per share for the current fiscal year.

About Sylvania Platinum

(Get Free Report)

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).

Further Reading

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