Eastern Platinum (TSE:ELR) Trading Down 16.7% – Should You Sell?

Eastern Platinum Limited (TSE:ELRGet Free Report)’s stock price dropped 16.7% during mid-day trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 108,728 shares traded hands during mid-day trading, an increase of 210% from the average daily volume of 35,127 shares. The stock had previously closed at C$0.15.

Eastern Platinum Trading Up 20.0 %

The company has a market cap of C$30.35 million, a PE ratio of 3.00 and a beta of 1.54. The stock has a 50 day moving average price of C$0.16 and a 200 day moving average price of C$0.17. The company has a current ratio of 0.75, a quick ratio of 0.48 and a debt-to-equity ratio of 1.02.

About Eastern Platinum

(Get Free Report)

Eastern Platinum Ltd. is engaged in mining, exploration, and development of platinum group metal (PGM) and chrome properties located in various provinces in South Africa. The firm’s projects include Crocodile River Mine and Mareesburg.

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