Eastern Platinum Limited (TSE:ELR – Get Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.38 and traded as high as C$0.63. Eastern Platinum shares last traded at C$0.59, with a volume of 420,647 shares changing hands.
Eastern Platinum Stock Down 13.2%
The company’s fifty day simple moving average is C$0.57 and its 200 day simple moving average is C$0.38. The firm has a market capitalization of C$120.06 million, a P/E ratio of -5.36 and a beta of 2.33. The company has a current ratio of 0.45, a quick ratio of 0.48 and a debt-to-equity ratio of 8.00.
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.
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