Sylvania Platinum (LON:SLP) had its price target raised by Liberum Capital from GBX 35 ($0.46) to GBX 68 ($0.89) in a note issued to investors on Thursday, ThisIsMoney.Co.Uk reports. The brokerage currently has a “buy” rating on the stock. Liberum Capital’s price target indicates a potential upside of 107.95% from the stock’s current price.

SLP opened at GBX 32.70 ($0.43) on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 7.43 and a current ratio of 7.91. Sylvania Platinum has a one year low of GBX 15.50 ($0.20) and a one year high of GBX 31.90 ($0.42). The stock has a market cap of $93.36 million and a PE ratio of 7.60.

About Sylvania Platinum

Sylvania Platinum Limited engages in the exploration of mineral properties in South Africa and Mauritius. It primarily extracts for platinum group based metals, such as platinum, palladium, and rhodium. The company holds interests in the Sylvania dump operations, as well as Northern Limb, Grasvally, and Volspruit projects.

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