Sylvania Platinum Limited (LON:SLP) Insider Acquires £11,750 in Stock

Sylvania Platinum Limited (LON:SLP) insider Adrian J. Reynolds purchased 25,000 shares of the business’s stock in a transaction on Monday, September 16th. The stock was bought at an average cost of GBX 47 ($0.62) per share, with a total value of £11,750 ($15,521.80).

Sylvania Platinum Price Performance

SLP stock opened at GBX 48 ($0.63) on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 9.94 and a quick ratio of 15.92. Sylvania Platinum Limited has a one year low of GBX 41 ($0.54) and a one year high of GBX 87 ($1.15). The stock has a market cap of £125.57 million, a PE ratio of 2,355.00, a P/E/G ratio of 0.05 and a beta of 0.38. The firm has a 50 day simple moving average of GBX 55.61 and a two-hundred day simple moving average of GBX 60.72.

Sylvania Platinum Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, October 31st will be paid a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a yield of 1.92%. Sylvania Platinum’s dividend payout ratio is presently 10,000.00%.

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.