Shares of Eastern Platinum Limited (TSE:ELR – Get Free Report) rose 11.5% during trading on Thursday . The company traded as high as C$0.34 and last traded at C$0.34. Approximately 183,793 shares changed hands during trading, a decline of 45% from the average session volume of 335,635 shares. The stock had previously closed at C$0.30.
Eastern Platinum Stock Performance
The company has a current ratio of 0.46, a quick ratio of 0.48 and a debt-to-equity ratio of 112.08. The firm’s 50-day moving average is C$0.41 and its two-hundred day moving average is C$0.48. The stock has a market cap of C$71.07 million, a price-to-earnings ratio of -4.31 and a beta of 2.78.
Eastern Platinum (TSE:ELR – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported C($0.03) earnings per share (EPS) for the quarter. Eastern Platinum had a negative return on equity of 23.99% and a negative net margin of 25.67%.The firm had revenue of C$19.17 million during the quarter. As a group, sell-side analysts expect that Eastern Platinum Limited will post -0.11 earnings per share for the current year.
About Eastern Platinum
Eastern Platinum Ltd. is engaged in mining, exploration, and development of platinum group metal (PGM) and chrome properties located in various provinces in South Africa. The firm’s projects include Crocodile River Mine and Mareesburg.
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