Shares of Eastern Platinum Limited (TSE:ELR – Get Free Report) shot up 78.4% on Friday . The company traded as high as C$0.34 and last traded at C$0.33. 1,575,395 shares were traded during mid-day trading, an increase of 2,109% from the average session volume of 71,308 shares. The stock had previously closed at C$0.19.
Eastern Platinum Trading Up 64.9%
The stock has a market capitalization of C$43.42 million, a P/E ratio of 55.16 and a beta of 1.54. The stock has a 50-day moving average price of C$0.14 and a two-hundred day moving average price of C$0.15. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.48 and a current ratio of 0.64.
Eastern Platinum Company Profile
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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