Eastern Platinum (TSE:ELR) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Eastern Platinum Limited (TSE:ELRGet Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.23 and traded as high as C$0.29. Eastern Platinum shares last traded at C$0.27, with a volume of 33,624 shares trading hands.

Eastern Platinum Price Performance

The company has a market capitalization of C$54.89 million, a price-to-earnings ratio of -2.45 and a beta of 1.67. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.64 and a quick ratio of 0.48. The business has a fifty day moving average price of C$0.27 and a 200 day moving average price of C$0.23.

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.

Recommended Stories

Receive News & Ratings for Eastern Platinum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eastern Platinum and related companies with MarketBeat.com's FREE daily email newsletter.