Eastern Platinum - ELR Stock Forecast, Price & News

Eastern Platinum Limited, together with its subsidiaries, engages in the mining, exploration, and development of platinum group metal (PGM) and chrome properties in South Africa. Its PGM deposits include platinum, palladium, rhodium, osmium, iridium, and ruthenium. The company principally holds 87.5% interest in the Crocodile River Mine located on the western limb and the Kennedy's Vale project on the eastern limb of Bushveld Complex (BCX); 87% interest in the Mareesburg project situated on the eastern limb of the BCX; and 93.4% interest in the Spitzkop project located on the eastern limb of the BCX. Eastern Platinum Limited is headquartered in Vancouver, Canada.

Eastern Platinum Price Performance

Shares of Eastern Platinum stock opened at C$0.26 on Thursday. The company has a market cap of C$35.83 million and a P/E ratio of 8.67. The company has a debt-to-equity ratio of 61.07, a quick ratio of 1.98 and a current ratio of 2.08. Eastern Platinum has a one year low of C$0.17 and a one year high of C$0.37. The firm has a fifty day moving average of C$0.22 and a two-hundred day moving average of C$0.26.

Eastern Platinum (TSE:ELR - Get Rating) last posted its quarterly earnings data on Thursday, May 12th. The company reported C$0.03 earnings per share for the quarter. The firm had revenue of C$22.05 million during the quarter. On average, analysts forecast that Eastern Platinum will post -0.11 earnings per share for the current year.