Eastern Platinum Limited (TSE:ELR – Get Free Report)’s stock price was up 8.6% during mid-day trading on Tuesday . The company traded as high as C$0.19 and last traded at C$0.19. Approximately 42,820 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 78,794 shares. The stock had previously closed at C$0.18.
Eastern Platinum Trading Up 20.0 %
The company has a quick ratio of 0.48, a current ratio of 0.76 and a debt-to-equity ratio of 66.16. The company has a market capitalization of C$42.40 million, a price-to-earnings ratio of 1.75 and a beta of 1.51. The company has a 50-day moving average price of C$0.13 and a 200-day moving average price of C$0.14.
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.
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