Sylvania Platinum Ltd (LON:SLP) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 36.50 ($0.48) and last traded at GBX 36.25 ($0.47), with a volume of 1278024 shares changing hands. The stock had previously closed at GBX 35.75 ($0.47).
Separately, Liberum Capital reiterated a “buy” rating on shares of Sylvania Platinum in a research note on Wednesday, July 31st.
The company has a debt-to-equity ratio of 0.30, a current ratio of 7.91 and a quick ratio of 7.43. The company’s 50 day moving average price is GBX 30.81. The stock has a market cap of $103.50 million and a P/E ratio of 8.43.
Sylvania Platinum Limited engages in the exploration of mineral properties in South Africa and Mauritius. It primarily extracts for platinum group based metals, such as platinum, palladium, and rhodium. The company holds interests in the Sylvania dump operations, as well as Northern Limb, Grasvally, and Volspruit projects.
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