Sylvania Platinum (LON:SLP) Shares Pass Below 200-Day Moving Average of $66.21

Sylvania Platinum Limited (LON:SLP) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 66.21 ($0.82) and traded as low as GBX 64 ($0.79). Sylvania Platinum shares last traded at GBX 65 ($0.80), with a volume of 515,119 shares trading hands.

Sylvania Platinum Stock Performance

The company has a debt-to-equity ratio of 0.32, a current ratio of 10.92 and a quick ratio of 15.92. The stock has a market capitalization of £171.35 million, a PE ratio of 1,328.00, a PEG ratio of 0.05 and a beta of 0.35. The stock’s 50 day simple moving average is GBX 58.59 and its two-hundred day simple moving average is GBX 66.10.

Sylvania Platinum Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Thursday, February 29th were paid a GBX 1 ($0.01) dividend. This represents a yield of 1.89%. The ex-dividend date was Thursday, February 29th. Sylvania Platinum’s payout ratio is 12,000.00%.

Insider Buying and Selling at Sylvania Platinum

In related news, insider Eileen Carr bought 60,000 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were purchased at an average cost of GBX 50 ($0.62) per share, for a total transaction of £30,000 ($37,055.34). Corporate insiders own 12.16% of the company’s stock.

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.