Sylvania Platinum (LON:SLP) Insider Johannes Jacobus Prinsloo Sells 91,800 Shares of Company Stock

Sylvania Platinum Limited (LON:SLP) insider Johannes Jacobus Prinsloo sold 91,800 shares of the stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of GBX 90, for a total value of £82,620.

Sylvania Platinum Trading Up 0.6%

SLP traded up GBX 0.56 during trading on Wednesday, hitting GBX 95.06. 1,307,002 shares of the company’s stock were exchanged, compared to its average volume of 1,307,782. The company has a current ratio of 5.32, a quick ratio of 15.92 and a debt-to-equity ratio of 0.22. Sylvania Platinum Limited has a 1 year low of GBX 53.50 and a 1 year high of GBX 130. The firm has a market cap of £246.04 million, a P/E ratio of 6.82, a price-to-earnings-growth ratio of 0.05 and a beta of 1.66. The stock has a 50 day moving average price of GBX 88.64 and a 200 day moving average price of GBX 92.33.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on SLP shares. Royal Bank Of Canada cut shares of Sylvania Platinum to an “outperform” rating and cut their price target for the company from GBX 170 to GBX 165 in a report on Monday, August 3rd. Berenberg Bank restated a “buy” rating and set a GBX 162 price objective on shares of Sylvania Platinum in a research note on Tuesday, September 15th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 163.50.

Sylvania Platinum Company Profile

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).

A pioneer in chrome tailings reprocessing, Sylvania treats a combination of current and historical chrome tailings at our host mine sites.