Sylvania Platinum (LON:SLP) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Sylvania Platinum Limited (LON:SLP)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 47.82 ($0.60) and traded as high as GBX 48 ($0.60). Sylvania Platinum shares last traded at GBX 46 ($0.57), with a volume of 557,378 shares trading hands.

Sylvania Platinum Stock Performance

The company’s 50-day simple moving average is GBX 43.33 and its 200 day simple moving average is GBX 47.82. The stock has a market cap of £123.00 million, a P/E ratio of 2,349.00, a PEG ratio of 0.05 and a beta of 0.38. The company has a current ratio of 9.94, a quick ratio of 15.92 and a debt-to-equity ratio of 0.41.

About Sylvania Platinum

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).