Insider Buying: Sylvania Platinum Limited (LON:SLP) Insider Purchases 10,000 Shares of Stock

Sylvania Platinum Limited (LON:SLP) insider Simon Scott purchased 10,000 shares of the company’s stock in a transaction dated Wednesday, September 18th. The shares were purchased at an average price of GBX 47 ($0.62) per share, for a total transaction of £4,700 ($6,208.72).

Sylvania Platinum Price Performance

Shares of LON:SLP opened at GBX 46.63 ($0.62) on Thursday. Sylvania Platinum Limited has a 52 week low of GBX 41 ($0.54) and a 52 week high of GBX 87 ($1.15). The company has a 50-day moving average price of GBX 55.90 and a 200 day moving average price of GBX 60.82. The company has a market cap of £121.97 million, a P/E ratio of 2,300.00, a PEG ratio of 0.05 and a beta of 0.38. The company has a quick ratio of 15.92, a current ratio of 9.94 and a debt-to-equity ratio of 0.41.

Sylvania Platinum Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, October 31st will be issued a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 1.92%. Sylvania Platinum’s dividend payout ratio is currently 10,000.00%.

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.