Sylvania Platinum (LON:SLP) Shares Pass Above 200-Day Moving Average – Time to Sell?

Sylvania Platinum Limited (LON:SLP) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 46.82 ($0.62) and traded as high as GBX 51 ($0.68). Sylvania Platinum shares last traded at GBX 50 ($0.66), with a volume of 156,407 shares changing hands.

Sylvania Platinum Trading Up 1.0 %

The business’s 50-day simple moving average is GBX 49.50 and its two-hundred day simple moving average is GBX 46.81. The stock has a market capitalization of £161.36 million, a price-to-earnings ratio of 23.43, a PEG ratio of 0.05 and a beta of 0.38. The company has a debt-to-equity ratio of 0.35, a current ratio of 9.94 and a quick ratio of 15.92.

Sylvania Platinum (LON:SLP) last announced its quarterly earnings results on Tuesday, February 18th. The company reported GBX 2.73 ($0.04) earnings per share for the quarter. Sylvania Platinum had a net margin of 8.55% and a return on equity of 2.82%. On average, research analysts anticipate that Sylvania Platinum Limited will post 3.8694929 earnings per share for the current fiscal year.

About Sylvania Platinum

Sylvania Platinum is a rapidly expanding low-cost PGMs producer listed on the London Stock Exchange’s Alternative Investment Market (AIM: SLP).

Sylvania is a mid-tier, lower unit cost Platinum Group Metal (PGM)minerals reprocessing and development Company. Our operational arm, Sylvania Dump Operations (SDO), has six chrome beneficiation and PGM processing plants in the Eastern and Western limb of the Bushveld Igneous Complex (BIC).