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Sylvania Platinum (LON:SLP) Stock Price Up 7.7% - Time to Buy?

Sylvania Platinum logo with Basic Materials background

Sylvania Platinum Limited (LON:SLP - Get Free Report)'s share price traded up 7.7% on Friday . The stock traded as high as GBX 72 ($0.99) and last traded at GBX 70 ($0.96). 1,216,881 shares were traded during mid-day trading, an increase of 35% from the average session volume of 901,562 shares. The stock had previously closed at GBX 65 ($0.89).

Sylvania Platinum Trading Down 0.0%

The business's 50-day moving average price is GBX 56.80 and its 200-day moving average price is GBX 50.04. The firm has a market capitalization of £225.84 million, a PE ratio of 32.79, a price-to-earnings-growth 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

(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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