Eastern Platinum Limited (TSE:ELR – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.14 and traded as high as C$0.16. Eastern Platinum shares last traded at C$0.16, with a volume of 29,000 shares traded.
Eastern Platinum Price Performance
The company has a 50-day moving average price of C$0.13 and a two-hundred day moving average price of C$0.14. The company has a debt-to-equity ratio of 66.16, a current ratio of 0.76 and a quick ratio of 0.48. The company has a market cap of C$32.30 million, a PE ratio of 1.60 and a beta of 1.51.
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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