Sylvania Platinum Limited (LON:SLP) Announces Dividend of GBX 1

Sylvania Platinum Limited (LON:SLP) declared a dividend on Tuesday, April 30th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 9th will be given a dividend of GBX 1 ($0.01) per share on Friday, June 7th. This represents a yield of 1.41%. The ex-dividend date of this dividend is Thursday, May 9th. The official announcement can be seen at this link.

Sylvania Platinum Price Performance

Shares of LON SLP opened at GBX 72.37 ($0.91) on Wednesday. The company has a fifty day moving average price of GBX 61.75 and a 200 day moving average price of GBX 65.24. The firm has a market cap of £189.31 million, a PE ratio of 1,460.00, a PEG ratio of 0.05 and a beta of 0.35. The company has a current ratio of 10.92, a quick ratio of 15.92 and a debt-to-equity ratio of 0.32. Sylvania Platinum has a 1-year low of GBX 47.05 ($0.59) and a 1-year high of GBX 91 ($1.14).

Insider Buying and Selling at Sylvania Platinum

In related news, insider Eileen Carr purchased 60,000 shares of Sylvania Platinum stock in a transaction that occurred on Friday, February 23rd. The stock was purchased at an average cost of GBX 50 ($0.63) per share, with a total value of £30,000 ($37,688.44). Company 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.