Sylvania Platinum Limited (LON:SLP) Insider Adrian J. Reynolds Buys 25,000 Shares of Stock

Sylvania Platinum Limited (LON:SLPGet Free Report) insider Adrian J. Reynolds bought 25,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were purchased at an average price of GBX 47 ($0.62) per share, with a total value of £11,750 ($15,521.80).

Sylvania Platinum Stock Performance

Shares of Sylvania Platinum stock opened at GBX 46 ($0.61) on Wednesday. The business has a 50-day moving average of GBX 56.18 and a 200 day moving average of GBX 60.86. The company has a debt-to-equity ratio of 0.32, a current ratio of 10.92 and a quick ratio of 15.92. The stock has a market capitalization of £120.34 million, a price-to-earnings ratio of 940.00, a price-to-earnings-growth ratio of 0.05 and a beta of 0.38. Sylvania Platinum Limited has a 12 month low of GBX 41 ($0.54) and a 12 month high of GBX 87 ($1.15).

Sylvania Platinum Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, October 31st will be paid 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 payout ratio is presently 12,000.00%.

About Sylvania Platinum

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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.

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