Sylvania Platinum (LON:SLP) Sets New 1-Year Low - Time to Sell?

Sylvania Platinum Limited (LON:SLP - Get Free Report)'s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 39 ($0.50) and last traded at GBX 40 ($0.51), with a volume of 1137994 shares traded. The stock had previously closed at GBX 41 ($0.52).

Sylvania Platinum Stock Performance

The company has a debt-to-equity ratio of 0.41, a current ratio of 9.94 and a quick ratio of 15.92. The company has a fifty day moving average of GBX 46.92 and a two-hundred day moving average of GBX 53.29. The stock has a market capitalization of £104.72 million, a P/E ratio of 2,000.00, a price-to-earnings-growth ratio of 0.05 and a beta of 0.38.

Insiders Place Their Bets

In other Sylvania Platinum news, insider Lewanne Carminati sold 19,350 shares of the stock in a transaction on Thursday, September 26th. The stock was sold at an average price of GBX 50 ($0.64), for a total value of £9,675 ($12,299.77). Also, insider Simon Scott purchased 10,000 shares of the stock in a transaction dated Wednesday, September 18th. The shares were purchased at an average price of GBX 47 ($0.60) per share, with a total value of £4,700 ($5,975.08). 12.23% of the stock is currently owned by corporate insiders.

About Sylvania Platinum

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.