Sylvania Platinum (LON:SLP) Price Target Raised to GBX 130 at Berenberg Bank

Sylvania Platinum (LON:SLP) had its target price lifted by Berenberg Bank from GBX 127 to GBX 130 in a research note released on Tuesday morning, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Sylvania Platinum Price Performance

Shares of SLP stock opened at GBX 126.78 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 9.94 and a quick ratio of 15.92. The firm’s 50-day moving average is GBX 100.98 and its two-hundred day moving average is GBX 87.91. Sylvania Platinum has a 12 month low of GBX 41.25 and a 12 month high of GBX 128. The company has a market capitalization of £329.79 million, a PE ratio of 16.40, a price-to-earnings-growth ratio of 0.05 and a beta of 0.38.

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.