Eastern Platinum (TSE:ELR) Posts Quarterly Earnings Results

Eastern Platinum (TSE:ELR) issued its earnings results on Thursday. The company reported C($0.04) EPS for the quarter, FiscalAI reports. The firm had revenue of C$11.32 million during the quarter. Eastern Platinum had a negative return on equity of 23.99% and a negative net margin of 25.67%.

Eastern Platinum Stock Performance

Shares of TSE:ELR opened at C$0.45 on Friday. The company has a current ratio of 0.46, a quick ratio of 0.48 and a debt-to-equity ratio of 112.08. The company has a 50-day moving average price of C$0.35 and a 200-day moving average price of C$0.44. The company has a market cap of C$91.67 million, a price-to-earnings ratio of -5.56 and a beta of 3.08. Eastern Platinum has a 12 month low of C$0.17 and a 12 month high of C$0.99.

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.