Sylvania Platinum (LON:SLP) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Sylvania Platinum Limited (LON:SLP) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 49.13 ($0.61) and traded as low as GBX 44.75 ($0.56). Sylvania Platinum shares last traded at GBX 44.75 ($0.56), with a volume of 988,445 shares trading hands.

Sylvania Platinum Price Performance

The company has a current ratio of 9.94, a quick ratio of 15.92 and a debt-to-equity ratio of 0.41. The firm has a market cap of £117.16 million, a price-to-earnings ratio of 2,237.50, a P/E/G ratio of 0.05 and a beta of 0.38. The company has a 50 day moving average of GBX 42.97 and a 200 day moving average of GBX 49.13.

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).