Sylvania Platinum Ltd with EPIC/TICKER LON:SLP has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Liberum Capital. Sylvania Platinum Ltd are listed in the Basic Materials sector within AIM. Liberum Capital have set a target price of 18 GBX on its stock. This now indicates the analyst believes there is a possible upside of 42.5% from today’s opening price of 12.63 GBX. Over the last 30 and 90 trading days the company share price has increased 3.13 points and increased 4.57 points respectively.
Sylvania Platinum Ltd LON:SLP has a 50 day moving average of 9.47 GBX and the 200 Day Moving Average price is recorded at 8.50 GBX. The 1 year high stock price is 13.4 GBX while the 52 week low for the share price is 6.05 GBX. There are currently 290,085,624 shares in issue with the average daily volume traded being 1,488,474. Market capitalisation for LON:SLP is £36,260,703 GBP.
Sylvania Platinum Ltd is a producer of platinum group metals (PGMs), including platinum, palladium and rhodium. The Company is engaged in extraction of PGMs from chrome dumps and arisings, as well as investment in mineral exploration. The Company’s segments include Mill sell, Steelpoort, Lannex, Mooinooi, Doornbosch, Tweefontein, Exploration projects and Corporate/Unallocated.