Eastern Platinum Limited (TSE:ELR – Get Free Report)’s share price traded up 20% during trading on Friday . The company traded as high as C$0.39 and last traded at C$0.36. 693,792 shares changed hands during mid-day trading, an increase of 92% from the average session volume of 360,733 shares. The stock had previously closed at C$0.30.
Eastern Platinum Trading Up 18.3%
The company has a current ratio of 0.46, a quick ratio of 0.48 and a debt-to-equity ratio of 112.08. The company has a market capitalization of C$73.13 million, a price-to-earnings ratio of -4.44 and a beta of 2.78. The company has a fifty day moving average of C$0.45 and a 200-day moving average of C$0.47.
Eastern Platinum (TSE:ELR – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported C($0.03) earnings per share (EPS) for the quarter. Eastern Platinum had a negative return on equity of 23.99% and a negative net margin of 25.67%.The firm had revenue of C$19.17 million during the quarter. As a group, equities research analysts anticipate that Eastern Platinum Limited will post -0.11 earnings per share for the current fiscal 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.
Read More
- Five stocks we like better than Eastern Platinum
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
- ERock IPO: A $1.3B Power Play Solution
Receive News & Ratings for Eastern Platinum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eastern Platinum and related companies with MarketBeat.com's FREE daily email newsletter.
