Sylvania Platinum (LON:SLP) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Sylvania Platinum Limited (LON:SLP) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 49.13 ($0.61) and traded as low as GBX 44.75 ($0.56). Sylvania Platinum shares last traded at GBX 44.75 ($0.56), with a volume of 988,445 shares.

Sylvania Platinum Stock Performance

The stock’s 50 day moving average is GBX 42.97 and its two-hundred day moving average is GBX 49.13. The stock has a market capitalization of £117.16 million, a price-to-earnings ratio of 2,237.50, a price-to-earnings-growth ratio of 0.05 and a beta of 0.38. The company has a current ratio of 9.94, a quick ratio of 15.92 and a debt-to-equity ratio of 0.41.

About Sylvania Platinum

Sylvania Platinum is a rapidly expanding low-cost PGMs producer listed on the London Stock Exchange’s Alternative Investment Market (AIM: SLP).

Sylvania is a mid-tier, lower unit cost Platinum Group Metal (PGM)minerals reprocessing and development Company. Our operational arm, Sylvania Dump Operations (SDO), has six chrome beneficiation and PGM processing plants in the Eastern and Western limb of the Bushveld Igneous Complex (BIC).