Sylvania Platinum Limited to Issue Dividend of GBX 1 (LON:SLP)

Sylvania Platinum Limited (LON:SLP) announced a dividend on Tuesday, April 30th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 9th will be given a dividend of GBX 1 ($0.01) per share on Friday, June 7th. This represents a yield of 1.41%. The ex-dividend date of this dividend is Thursday, May 9th. The official announcement can be accessed at this link.

Sylvania Platinum Stock Performance

SLP traded down GBX 2.60 ($0.03) during trading on Wednesday, reaching GBX 68.40 ($0.86). 1,145,655 shares of the company were exchanged, compared to its average volume of 1,030,696. Sylvania Platinum has a 52 week low of GBX 47.05 ($0.59) and a 52 week high of GBX 97 ($1.22). The stock has a market cap of £178.93 million, a P/E ratio of 1,360.00, a PEG ratio of 0.05 and a beta of 0.35. The firm has a 50 day moving average of GBX 59.95 and a 200 day moving average of GBX 65.72. The company has a current ratio of 10.92, a quick ratio of 15.92 and a debt-to-equity ratio of 0.32.

Insider Buying and Selling

In related news, insider Eileen Carr bought 60,000 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The shares were acquired at an average price of GBX 50 ($0.63) per share, for a total transaction of £30,000 ($37,683.71). 12.16% of the stock is owned by insiders.

Sylvania Platinum Company Profile

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.