Sylvania Platinum (LON:SLP – Get Free Report) had its price objective lifted by equities researchers at Berenberg Bank from GBX 127 to GBX 130 in a research note issued on Tuesday, Marketbeat reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 1.96% from the stock’s previous close.
Sylvania Platinum Stock Performance
LON:SLP opened at GBX 127.50 on Tuesday. The firm has a 50-day moving average of GBX 101.82 and a two-hundred day moving average of GBX 88.19. The company has a debt-to-equity ratio of 0.35, a current ratio of 9.94 and a quick ratio of 15.92. The stock has a market cap of £331.67 million, a P/E ratio of 16.49, a PEG ratio of 0.05 and a beta of 0.38. Sylvania Platinum has a 1-year low of GBX 41.25 and a 1-year high of GBX 130.
About Sylvania Platinum
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).
A pioneer in chrome tailings reprocessing, Sylvania treats a combination of current and historical chrome tailings at our host mine sites.
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