Sylvania Platinum (LON:SLP) Stock: Insider Johannes Jacobus Prinsloo Sells 91,800 Shares

Sylvania Platinum Limited (LON:SLP) insider Johannes Jacobus Prinsloo sold 91,800 shares of the business’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 traded up GBX 0.56 during trading on Wednesday, reaching GBX 95.06. 1,307,002 shares of the company traded hands, compared to its average volume of 1,307,782. The business has a 50 day simple moving average of GBX 88.64 and a 200 day simple moving average of GBX 92.33. Sylvania Platinum Limited has a 12 month low of GBX 53.50 and a 12 month high of GBX 130. The company has a debt-to-equity ratio of 0.22, a quick ratio of 15.92 and a current ratio of 5.32. The company has a market capitalization of £246.04 million, a price-to-earnings ratio of 6.82, a price-to-earnings-growth ratio of 0.05 and a beta of 1.66.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on SLP shares. Royal Bank Of Canada lowered 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. Berenberg Bank reaffirmed a “buy” rating and set a GBX 162 target price on shares of Sylvania Platinum in a research report on Tuesday, September 15th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 163.50.

Sylvania Platinum Company Profile

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.