Key Points
- Insider sale: Johannes Jacobus Prinsloo sold 91,800 Sylvania Platinum shares at an average price of GBX 90, totaling £82,620.
- Stock performance and valuation: Shares opened at GBX 95.06 and were up 0.6%, with a 52-week range of GBX 53.50 to GBX 130 and a market capitalization of approximately £246 million.
- Analyst outlook: Analysts maintain a favorable view, with an average rating of “Buy” and a consensus price target of GBX 163.50, well above the current share price.
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Sylvania Platinum Limited (LON:SLP - Get Free Report) insider Johannes Jacobus Prinsloo sold 91,800 shares of the firm's stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of GBX 90, for a total value of £82,620.
Sylvania Platinum Stock Up 0.6%
SLP stock opened at GBX 95.06 on Thursday. Sylvania Platinum Limited has a 52 week low of GBX 53.50 and a 52 week high of GBX 130. The business has a 50-day simple moving average of GBX 88.80 and a 200 day simple moving average of GBX 92.25. The company has a quick ratio of 15.92, a current ratio of 5.32 and a debt-to-equity ratio of 0.22. The company has a market cap of £246.04 million, a PE ratio of 6.82, a price-to-earnings-growth ratio of 0.05 and a beta of 1.66.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the stock. Berenberg Bank restated a "buy" rating and issued a GBX 162 target price on shares of Sylvania Platinum in a research report on Tuesday, September 15th. Royal Bank Of Canada downgraded shares of Sylvania Platinum to an "outperform" rating and cut their price target for the stock from GBX 170 to GBX 165 in a report on Monday, August 3rd. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of GBX 163.50.
View Our Latest Research Report on SLP
Sylvania Platinum Company Profile
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Get Free Report)
Sylvania Platinum is a rapidly expanding low-cost PGMs producer listed on the London Stock Exchange's Alternative Investment Market (AIM: SLP).
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.
Further Reading
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