Eastern Platinum (TSE:ELR) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Eastern Platinum Limited (TSE:ELRGet Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.17 and traded as high as C$0.18. Eastern Platinum shares last traded at C$0.18, with a volume of 3,760 shares traded.

Eastern Platinum Trading Down 2.8 %

The business’s 50 day simple moving average is C$0.16 and its 200 day simple moving average is C$0.17. The stock has a market cap of C$24.91 million, a price-to-earnings ratio of 31.65 and a beta of 1.54. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.48.

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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