Sylvania Platinum (LON:SLP) Insider Sells £82,620 in Stock

Sylvania Platinum Limited (LON:SLP) insider Johannes Jacobus Prinsloo sold 91,800 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of GBX 90, for a total transaction of £82,620.

Sylvania Platinum Price Performance

Shares of LON:SLP opened at GBX 95.16 on Friday. The firm has a 50 day moving average of GBX 89.20 and a 200-day moving average of GBX 92.24. Sylvania Platinum Limited has a 12 month low of GBX 53.50 and a 12 month high of GBX 130. The company has a current ratio of 5.32, a quick ratio of 15.92 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of £246.29 million, a PE ratio of 6.83, a PEG ratio of 0.05 and a beta of 1.66.

Analysts Set New Price Targets

Several research firms have weighed in on SLP. Berenberg Bank restated a “buy” rating and set a GBX 162 target price on shares of Sylvania Platinum in a research note on Tuesday, September 15th. Royal Bank Of Canada lowered Sylvania Platinum to an “outperform” rating and decreased their price target for the company from GBX 170 to GBX 165 in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Sylvania Platinum currently has a consensus rating of “Buy” and a consensus target price of GBX 163.50.

Sylvania Platinum Company Profile

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).

A pioneer in chrome tailings reprocessing, Sylvania treats a combination of current and historical chrome tailings at our host mine sites.