Shares of Sylvania Platinum Limited (LON:SLP - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 59.05 ($0.77) and traded as low as GBX 48.20 ($0.63). Sylvania Platinum shares last traded at GBX 49.05 ($0.64), with a volume of 415,385 shares changing hands.
Sylvania Platinum Trading Down 3.2 %
The business's 50-day simple moving average is GBX 50.21 and its 200-day simple moving average is GBX 59.05. The company has a market cap of £124.36 million, a price-to-earnings ratio of 2,450.00, a PEG ratio of 0.05 and a beta of 0.38. The company has a debt-to-equity ratio of 0.41, a current ratio of 9.94 and a quick ratio of 15.92.
Sylvania Platinum Announces Dividend
The firm also recently announced a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, October 31st will be paid a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, October 31st. This represents a yield of 1.92%. Sylvania Platinum's payout ratio is currently 10,000.00%.
Insider Transactions at Sylvania Platinum
In related news, insider Adrian J. Reynolds bought 25,000 shares of the stock in a transaction dated Monday, September 16th. The stock was acquired at an average price of GBX 47 ($0.61) per share, for a total transaction of £11,750 ($15,255.78). In related news, insider Simon Scott acquired 10,000 shares of the business's stock in a transaction that occurred on Wednesday, September 18th. The shares were acquired at an average cost of GBX 47 ($0.61) per share, for a total transaction of £4,700 ($6,102.31). Also, insider Adrian J. Reynolds bought 25,000 shares of the business's stock in a transaction on Monday, September 16th. The stock was purchased at an average price of GBX 47 ($0.61) per share, with a total value of £11,750 ($15,255.78). Insiders have purchased a total of 105,000 shares of company stock worth $4,795,000 in the last three months. Company insiders own 12.23% of the company's stock.
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, 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.
Further Reading
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