Insider Buying: Sylvania Platinum Limited (LON:SLP) Insider Acquires 10,000 Shares of Stock

Sylvania Platinum Limited (LON:SLP - Get Free Report) insider Simon Scott purchased 10,000 shares of Sylvania Platinum stock in a transaction on Wednesday, September 18th. The shares were acquired at an average price of GBX 47 ($0.62) per share, for a total transaction of £4,700 ($6,208.72).

Sylvania Platinum Stock Up 4.3 %

Shares of LON SLP opened at GBX 48 ($0.63) on Friday. Sylvania Platinum Limited has a one year low of GBX 41 ($0.54) and a one year high of GBX 87 ($1.15). The company has a debt-to-equity ratio of 0.41, a current ratio of 9.94 and a quick ratio of 15.92. The firm's 50 day simple moving average is GBX 55.61 and its two-hundred day simple moving average is GBX 60.72. The stock has a market capitalization of £125.57 million, a P/E ratio of 2,355.00, a PEG ratio of 0.05 and a beta of 0.38.

Sylvania Platinum Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 1 ($0.01) per share. This represents a yield of 1.92%. The ex-dividend date is Thursday, October 31st. Sylvania Platinum's payout ratio is currently 10,000.00%.

About Sylvania Platinum

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Sylvania Platinum Limited primarily engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa and Mauritius. The company produces PGMs, including platinum, palladium, and rhodium. It holds interests in the Sylvania dump operations that comprise six chrome beneficiation and PGM processing plants located in the Eastern and Western Limb of the Bushveld Igneous Complex; and various mineral asset development projects, including Volspruit and Northern Limb projects located on the Northern Limb of the Bushveld Igneous Complex located in South Africa.

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