Eastern Platinum (TSE:ELR) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Eastern Platinum Limited (TSE:ELRGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.17 and traded as high as C$0.18. Eastern Platinum shares last traded at C$0.18, with a volume of 3,760 shares traded.

Eastern Platinum Stock Up 2.9 %

The company has a market cap of C$25.63 million, a P/E ratio of 32.55 and a beta of 1.54. The stock’s 50-day moving average price is C$0.16 and its 200-day moving average price is C$0.17. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.48.

About Eastern Platinum

(Get Free Report)

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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