Shares of Eastern Platinum Limited (TSE:ELR – Get Free Report) rose 15.2% during mid-day trading on Wednesday . The company traded as high as C$0.20 and last traded at C$0.19. Approximately 594,920 shares changed hands during trading, an increase of 700% from the average daily volume of 74,365 shares. The stock had previously closed at C$0.17.
Eastern Platinum Price Performance
The company has a debt-to-equity ratio of 66.16, a quick ratio of 0.48 and a current ratio of 0.76. The business’s fifty day simple moving average is C$0.13 and its 200 day simple moving average is C$0.13. The stock has a market cap of C$37.35 million, a price-to-earnings ratio of 1.65 and a beta of 1.56.
About Eastern Platinum
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 100% 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); and the Mareesburg project situated on the eastern limb of the BCX.
Featured Stories
- Five stocks we like better than Eastern Platinum
- How to Use Stock Screeners to Find Stocks
- High-Yield Texas Instruments Could Hit New Highs Soon
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Pagaya Technologies: An AI Fintech That Insiders Are Buying
- 3 Tickers Leading a Meme Stock Revival
- Higher Oil Prices Could Give NextEra’s Stock Earnings a Boost
Receive News & Ratings for Eastern Platinum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eastern Platinum and related companies with MarketBeat.com's FREE daily email newsletter.
