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Sylvania Platinum (LON:SLP) Stock Crosses Below 200-Day Moving Average - Here's Why

Sylvania Platinum logo with Basic Materials background
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Sylvania Platinum Limited (LON:SLP - Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 46.71 ($0.60) and traded as low as GBX 44.05 ($0.57). Sylvania Platinum shares last traded at GBX 44.35 ($0.57), with a volume of 1,638,955 shares traded.

Sylvania Platinum Stock Performance

The firm has a fifty day moving average price of GBX 44.71 and a 200 day moving average price of GBX 46.53. The firm has a market capitalization of £154.91 million, a PE ratio of 22.49, a P/E/G ratio of 0.05 and a beta of 0.38. The company has a debt-to-equity ratio of 0.35, a current ratio of 9.94 and a quick ratio of 15.92.

Sylvania Platinum (LON:SLP - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported GBX 2.73 ($0.04) earnings per share for the quarter. Sylvania Platinum had a net margin of 8.55% and a return on equity of 2.82%. Research analysts anticipate that Sylvania Platinum Limited will post 3.8694929 earnings per share for the current fiscal year.

Sylvania Platinum Company Profile

(Get Free Report)

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).

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