Sylvania Platinum (SLP) Trading Up 12.3%

Sylvania Platinum Ltd (LON:SLP)’s share price was up 12.3% during trading on Monday . The stock traded as high as GBX 22.35 ($0.29) and last traded at GBX 22.35 ($0.29). Approximately 1,087,701 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 1,290,000 shares. The stock had previously closed at GBX 19.90 ($0.26).

Separately, Liberum Capital reaffirmed a “buy” rating on shares of Sylvania Platinum in a research report on Friday, January 4th.

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Sylvania Platinum Company Profile (LON:SLP)

Sylvania Platinum Limited engages in the exploration of mineral properties in South Africa and Mauritius. It primarily extracts for platinum group based metals, such as platinum, palladium, and rhodium. The company holds interests in the Sylvania dump operations, as well as Northern Limb, Grasvally, and Volspruit projects.

Further Reading: What is Cost of Capital?

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