Eastern Platinum (TSE:ELR) Sets New 12-Month High – Still a Buy?

Eastern Platinum Limited (TSE:ELRGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$0.35 and last traded at C$0.36, with a volume of 1354146 shares traded. The stock had previously closed at C$0.31.

Eastern Platinum Price Performance

The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.48 and a current ratio of 0.64. The company’s 50 day moving average price is C$0.14 and its 200 day moving average price is C$0.15. The company has a market cap of C$50.54 million, a price-to-earnings ratio of 64.20 and a beta of 1.54.

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.

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