Eastern Platinum (TSE:ELR) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Eastern Platinum Limited (TSE:ELRGet Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.16 and traded as high as C$0.32. Eastern Platinum shares last traded at C$0.29, with a volume of 175,268 shares.

Eastern Platinum Trading Up 1.8%

The company has a 50-day moving average price of C$0.16 and a 200-day moving average price of C$0.16. The firm has a market capitalization of C$41.29 million, a price-to-earnings ratio of 52.44 and a beta of 1.54. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.48 and a current ratio of 0.64.

Eastern Platinum Company Profile

(Get Free Report)

Eastern Platinum Ltd. is engaged in mining, exploration, and development of platinum group metal (PGM) and chrome properties located in various provinces in South Africa. The firm’s projects include Crocodile River Mine and Mareesburg.

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