Eastern Platinum Limited (TSE:ELR – Get Free Report)’s stock price shot up 15.2% during mid-day trading on Wednesday . The stock traded as high as C$0.20 and last traded at C$0.19. 594,920 shares were traded during mid-day trading, an increase of 700% from the average session volume of 74,365 shares. The stock had previously closed at C$0.17.
Eastern Platinum Trading Down 5.9 %
The company has a market capitalization of C$32.30 million, a price-to-earnings ratio of 1.60 and a beta of 1.56. The company has a 50-day moving average price of C$0.13 and a 200-day moving average price of C$0.13. The company has a quick ratio of 0.48, a current ratio of 0.76 and a debt-to-equity ratio of 66.16.
Eastern Platinum Company Profile
Eastern Platinum Limited, together with its subsidiaries, engages in the mining, exploration, and development of platinum group metal (PGM) and chrome properties in South Africa. Its PGM deposits include platinum, palladium, rhodium, osmium, iridium, and ruthenium. The company principally holds 100% interest in the Crocodile River Mine located on the western limb and the Kennedy's Vale project on the eastern limb of Bushveld Complex (BCX); and the Mareesburg project situated on the eastern limb of the BCX.
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