Eastern Platinum (TSE:ELR) Trading Down 16.7% – Here’s What Happened

Eastern Platinum Limited (TSE:ELRGet Free Report)’s stock price fell 16.7% on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. 108,728 shares traded hands during trading, an increase of 210% from the average session volume of 35,127 shares. The stock had previously closed at C$0.15.

Eastern Platinum Trading Up 20.0 %

The stock has a market cap of C$30.35 million, a P/E ratio of 3.00 and a beta of 1.54. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.75 and a quick ratio of 0.48. The firm’s 50 day moving average price is C$0.16 and its 200-day moving average price is C$0.17.

Eastern Platinum Company Profile

(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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