Eastern Platinum (TSE:ELR) Releases Quarterly Earnings Results

Eastern Platinum (TSE:ELRGet Free Report) released its quarterly earnings results on Thursday. The company reported C($0.04) earnings per share (EPS) for the quarter, FiscalAI reports. Eastern Platinum had a negative return on equity of 23.99% and a negative net margin of 25.67%.The firm had revenue of C$11.32 million during the quarter.

Eastern Platinum Stock Performance

ELR stock traded down C$0.01 during trading on Thursday, reaching C$0.43. The stock had a trading volume of 32,001 shares, compared to its average volume of 288,093. Eastern Platinum has a 52 week low of C$0.17 and a 52 week high of C$0.99. The stock’s 50 day moving average is C$0.35 and its two-hundred day moving average is C$0.44. The company has a current ratio of 0.46, a quick ratio of 0.48 and a debt-to-equity ratio of 112.08. The firm has a market cap of C$89.61 million, a PE ratio of -5.44 and a beta of 3.08.

About Eastern Platinum

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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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Earnings History for Eastern Platinum (TSE:ELR)

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