Sylvania Platinum (LON:SLP) Hits New 1-Year Low – Here’s What Happened

Shares of Sylvania Platinum Limited (LON:SLP) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 39 ($0.49) and last traded at GBX 40 ($0.51), with a volume of 1137994 shares changing hands. The stock had previously closed at GBX 41 ($0.52).

Sylvania Platinum Stock Performance

The company has a debt-to-equity ratio of 0.41, a quick ratio of 15.92 and a current ratio of 9.94. The company has a market capitalization of £104.72 million, a price-to-earnings ratio of 2,100.00, a P/E/G ratio of 0.05 and a beta of 0.38. The stock’s 50-day moving average price is GBX 46.92 and its 200-day moving average price is GBX 53.29.

Insider Buying and Selling

In other Sylvania Platinum news, insider Simon Scott purchased 10,000 shares of the business’s stock in a transaction on Wednesday, September 18th. The stock was bought at an average cost of GBX 47 ($0.60) per share, for a total transaction of £4,700 ($5,962.95). Also, insider Lewanne Carminati sold 19,350 shares of the business’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of GBX 50 ($0.63), for a total value of £9,675 ($12,274.80). Insiders own 12.23% of the company’s stock.

Sylvania Platinum Company Profile

Sylvania Platinum Limited primarily engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa and Mauritius. The company produces PGMs, including platinum, palladium, and rhodium. It holds interests in the Sylvania dump operations that comprise six chrome beneficiation and PGM processing plants located in the Eastern and Western Limb of the Bushveld Igneous Complex; and various mineral asset development projects, including Volspruit and Northern Limb projects located on the Northern Limb of the Bushveld Igneous Complex located in South Africa.