Shares of Sylvania Platinum Ltd (LON:SLP) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 16.20 ($0.22) and last traded at GBX 15.62 ($0.22), with a volume of 319252 shares. The stock had previously closed at GBX 15.62 ($0.22).

Separately, Liberum Capital reiterated a “buy” rating and set a GBX 18 ($0.25) target price on shares of Sylvania Platinum in a report on Tuesday, November 7th.

The company has a market capitalization of $44.42 and a price-to-earnings ratio of 781.25.

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Sylvania Platinum Company Profile

Sylvania Platinum Limited is a producer of platinum group metals (PGMs), including platinum, palladium and rhodium. The Company is engaged in extraction of PGMs from chrome dumps and arisings, as well as investment in mineral exploration. The Company’s segments include Mill sell, Steelpoort, Lannex, Mooinooi, Doornbosch, Tweefontein, Exploration projects and Corporate/Unallocated.

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