Sylvania Platinum (LON:SLP) Share Price Passes Below 200-Day Moving Average of $92.10

Sylvania Platinum Limited (LON:SLPGet Rating)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 92.10 ($1.13) and traded as low as GBX 87 ($1.07). Sylvania Platinum shares last traded at GBX 88.50 ($1.08), with a volume of 558,193 shares trading hands.

Sylvania Platinum Stock Up 0.6 %

The business’s fifty day moving average price is GBX 86.38 and its 200 day moving average price is GBX 92.10. The company has a quick ratio of 16.28, a current ratio of 17.12 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of £235.53 million and a PE ratio of 354.00.

Insider Activity

In other Sylvania Platinum news, insider Simon Scott bought 20,000 shares of Sylvania Platinum stock in a transaction dated Monday, May 23rd. The stock was acquired at an average cost of GBX 89 ($1.09) per share, with a total value of £17,800 ($21,811.05).

About Sylvania Platinum

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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, such as platinum, palladium, and rhodium. It holds interests in the Sylvania dump operations that comprise six chrome beneficiation and PGM processing plants, as well as open cast mining and Northern Limb projects.

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