Eastern Platinum (TSE:ELR) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Eastern Platinum Limited (TSE:ELRGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.17 and traded as high as C$0.18. Eastern Platinum shares last traded at C$0.17, with a volume of 20,000 shares changing hands.

Eastern Platinum Stock Performance

The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.48. The business’s 50 day moving average price is C$0.17 and its 200-day moving average price is C$0.17. The company has a market cap of C$24.20 million, a price-to-earnings ratio of 30.74 and a beta of 1.54.

About Eastern Platinum

(Get Free Report)

Eastern Platinum Ltd. is engaged in mining, exploration, and development of platinum group metal (PGM) and chrome properties located in various provinces in South Africa. The firm’s projects include Crocodile River Mine and Mareesburg.

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