Eastern Platinum Limited (TSE:ELR – Get Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.73 and last traded at C$0.68, with a volume of 474504 shares. The stock had previously closed at C$0.66.
Eastern Platinum Stock Up 6.1%
The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.48. The firm’s fifty day simple moving average is C$0.40 and its 200 day simple moving average is C$0.30. The company has a market cap of C$142.44 million, a price-to-earnings ratio of -6.36 and a beta of 2.17.
Eastern Platinum (TSE:ELR – Get Free Report) last posted its quarterly earnings results on Friday, November 14th. The company reported C($0.01) earnings per share for the quarter. Eastern Platinum had a net margin of 1.09% and a return on equity of 0.88%. The business had revenue of C$19.14 million during the quarter. Sell-side analysts predict that Eastern Platinum Limited will post -0.11 earnings per share for the current year.
About Eastern Platinum
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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