Insider Buying: Sylvania Platinum Limited (LON:SLP) Insider Purchases £31,500 in Stock

Sylvania Platinum Limited (LON:SLP) insider Eileen Carr bought 70,000 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was purchased at an average cost of GBX 45 ($0.59) per share, for a total transaction of £31,500 ($41,192.62).

Sylvania Platinum Stock Performance

LON SLP opened at GBX 46.05 ($0.60) on Monday. The firm’s 50 day simple moving average is GBX 56.41 and its 200 day simple moving average is GBX 60.88. The firm has a market capitalization of £120.47 million, a price-to-earnings ratio of 921.00, a P/E/G ratio of 0.05 and a beta of 0.38. The company has a current ratio of 10.92, a quick ratio of 15.92 and a debt-to-equity ratio of 0.32. Sylvania Platinum Limited has a 1 year low of GBX 41 ($0.54) and a 1 year high of GBX 87 ($1.14).

Sylvania Platinum Dividend Announcement

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