Sylvania Platinum’s (LON:SLP) Buy Rating Reiterated at Liberum Capital

Sylvania Platinum (LON:SLP)‘s stock had its “buy” rating restated by analysts at Liberum Capital in a research report issued on Monday, February 26th. They currently have a GBX 26 ($0.36) target price on the stock. Liberum Capital’s target price would suggest a potential upside of 42.47% from the company’s current price.

Sylvania Platinum (LON:SLP) traded down GBX 0.12 ($0.00) during midday trading on Monday, hitting GBX 18.25 ($0.25). 642,318 shares of the company traded hands, compared to its average volume of 1,280,000. Sylvania Platinum has a twelve month low of GBX 8.75 ($0.12) and a twelve month high of GBX 18.75 ($0.26). The firm has a market cap of $51.12 and a price-to-earnings ratio of 912.50.

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Sylvania Platinum Company Profile

Sylvania Platinum Limited is a producer of platinum group metals (PGMs), including platinum, palladium and rhodium. The Company is engaged in extraction of PGMs from chrome dumps and arisings, as well as investment in mineral exploration. The Company’s segments include Mill sell, Steelpoort, Lannex, Mooinooi, Doornbosch, Tweefontein, Exploration projects and Corporate/Unallocated.

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