Shares of Eastern Platinum Limited (TSE:ELR – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.18 and traded as high as C$0.22. Eastern Platinum shares last traded at C$0.21, with a volume of 143,000 shares changing hands.
Eastern Platinum Trading Down 2.4 %
The firm has a market cap of C$41.48 million, a price-to-earnings ratio of 4.10 and a beta of 1.54. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.75 and a quick ratio of 0.48. The company’s 50 day simple moving average is C$0.17 and its 200 day simple moving average is C$0.18.
Eastern Platinum (TSE:ELR – Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The company reported C$0.03 earnings per share for the quarter. The company had revenue of C$25.70 million for the quarter. Eastern Platinum had a return on equity of 10.68% and a net margin of 10.38%. As a group, research analysts expect that Eastern Platinum Limited will post -0.11 earnings per share for the current fiscal year.
About Eastern Platinum
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.
Recommended Stories
- Five stocks we like better than Eastern Platinum
- Top Stocks Investing in 5G Technology
- Analysts Predict New Highs for Cybersecurity Stock by Christmas
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Nuclear Power Reaches Critical Mass: Top Stocks to Watch Now
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- 2 Energy Stocks Surging on Billion-Dollar DOE Loan Commitments
Receive News & Ratings for Eastern Platinum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eastern Platinum and related companies with MarketBeat.com's FREE daily email newsletter.