Eastern Platinum (TSE:ELR) Reaches New 12-Month High at $0.21

Eastern Platinum Limited (TSE:ELR)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.21, with a volume of 104509 shares traded. The stock had previously closed at C$0.21.

Eastern Platinum Stock Performance

The company has a debt-to-equity ratio of 66.16, a quick ratio of 0.48 and a current ratio of 0.76. The business’s 50-day moving average is C$0.13 and its 200-day moving average is C$0.14. The company has a market capitalization of C$42.40 million, a PE ratio of 2.10 and a beta of 1.51.

Eastern Platinum (TSE:ELR) last announced its earnings results on Friday, May 3rd. The company reported C$0.03 earnings per share for the quarter. Eastern Platinum had a net margin of 13.36% and a return on equity of 14.86%. The business had revenue of C$41.48 million during the quarter. On average, research analysts anticipate that Eastern Platinum Limited will post -0.11 earnings per share for the current year.

Eastern Platinum Company Profile

Eastern Platinum Limited, together with its subsidiaries, engages in the mining, exploration, and development of platinum group metal (PGM) and chrome properties in South Africa. Its PGM deposits include platinum, palladium, rhodium, osmium, iridium, and ruthenium. The company principally holds 100% interest in the Crocodile River Mine located on the western limb and the Kennedy's Vale project on the eastern limb of Bushveld Complex (BCX); and the Mareesburg project situated on the eastern limb of the BCX.