Sylvania Platinum (LON:SLP) Trading Down 14.1%

Shares of Sylvania Platinum Limited (LON:SLP) were down 14.1% during mid-day trading on Wednesday . The stock traded as low as GBX 41.25 ($0.54) and last traded at GBX 42 ($0.55). Approximately 2,766,839 shares changed hands during trading, an increase of 243% from the average daily volume of 807,304 shares. The stock had previously closed at GBX 48.90 ($0.64).

Sylvania Platinum Trading Up 2.6 %

The company has a market cap of £123.48 million, a P/E ratio of 918.00, a PEG ratio of 0.05 and a beta of 0.38. The company has a quick ratio of 15.92, a current ratio of 10.92 and a debt-to-equity ratio of 0.32. The business has a fifty day moving average price of GBX 56.63 and a 200-day moving average price of GBX 60.79.

Sylvania Platinum Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, October 31st will be given a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 1.92%. Sylvania Platinum’s payout ratio is presently 12,000.00%.

Sylvania Platinum Company Profile

Sylvania Platinum Limited primarily engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa and Mauritius. The company produces PGMs, including platinum, palladium, and rhodium. It holds interests in the Sylvania dump operations that comprise six chrome beneficiation and PGM processing plants located in the Eastern and Western Limb of the Bushveld Igneous Complex; and various mineral asset development projects, including Volspruit and Northern Limb projects located on the Northern Limb of the Bushveld Igneous Complex located in South Africa.