Sylvania Platinum Limited (LON:SLP) Insider Acquires £11,750 in Stock

Sylvania Platinum Limited (LON:SLP) insider Adrian J. Reynolds bought 25,000 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were purchased at an average cost of GBX 47 ($0.62) per share, for a total transaction of £11,750 ($15,521.80).

Sylvania Platinum Stock Performance

Sylvania Platinum stock opened at GBX 48 ($0.63) on Friday. The firm’s 50 day simple moving average is GBX 55.61 and its 200 day simple moving average is GBX 60.72. The company has a current ratio of 9.94, a quick ratio of 15.92 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of £125.57 million, a PE ratio of 2,355.00, a price-to-earnings-growth ratio of 0.05 and a beta of 0.38. Sylvania Platinum Limited has a 1-year low of GBX 41 ($0.54) and a 1-year high of GBX 87 ($1.15).

Sylvania Platinum Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, October 31st will be issued a dividend of GBX 1 ($0.01) per share. This represents a yield of 1.92%. The ex-dividend date is Thursday, October 31st. Sylvania Platinum’s dividend payout ratio (DPR) is presently 10,000.00%.

About Sylvania Platinum

Sylvania Platinum Limited primarily engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa and Mauritius. The company produces PGMs, including platinum, palladium, and rhodium. It holds interests in the Sylvania dump operations that comprise six chrome beneficiation and PGM processing plants located in the Eastern and Western Limb of the Bushveld Igneous Complex; and various mineral asset development projects, including Volspruit and Northern Limb projects located on the Northern Limb of the Bushveld Igneous Complex located in South Africa.