Sylvania Platinum (LON:SLP) Shares Up 7.7% - Should You Buy?

Sylvania Platinum Limited (LON:SLP - Get Free Report)'s stock price shot up 7.7% during mid-day trading on Friday . The company 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 Stock Performance

The company has a market capitalization of £225.08 million, a PE ratio of 32.68, 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 quick ratio of 15.92 and a current ratio of 9.94. The stock's fifty day simple moving average is GBX 57.59 and its 200-day simple moving average is GBX 50.48.

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).