Sylvania Platinum (LON:SLP) Sets New 52-Week Low – Should You Sell?

Shares of Sylvania Platinum Limited (LON:SLP) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 39 ($0.49) and last traded at GBX 40 ($0.50), with a volume of 1137994 shares trading hands. The stock had previously closed at GBX 41 ($0.51).

Sylvania Platinum Trading Down 2.5 %

The company has a 50 day moving average of GBX 46.40 and a 200-day moving average of GBX 52.70. The stock has a market cap of £102.11 million, a price-to-earnings ratio of 1,950.00, a price-to-earnings-growth ratio of 0.05 and a beta of 0.38. The company has a debt-to-equity ratio of 0.41, a quick ratio of 15.92 and a current ratio of 9.94.

Insider Transactions at Sylvania Platinum

In related news, insider Lewanne Carminati sold 19,350 shares of Sylvania Platinum stock in a transaction on Thursday, September 26th. The stock was sold at an average price of GBX 50 ($0.62), for a total value of £9,675 ($12,092.24). Corporate insiders own 12.23% of the company’s stock.

Sylvania Platinum Company Profile

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, including platinum, palladium, and rhodium. It holds interests in the Sylvania dump operations that comprise six chrome beneficiation and PGM processing plants located in the Eastern and Western Limb of the Bushveld Igneous Complex; and various mineral asset development projects, including Volspruit and Northern Limb projects located on the Northern Limb of the Bushveld Igneous Complex located in South Africa.