Eastern Platinum Limited Stock Today

ELR Stock  CAD 0.18  0.01  5.88%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Eastern Platinum is selling at 0.18 as of the 26th of November 2024; that is 5.88 percent increase since the beginning of the trading day. The stock's open price was 0.17. Eastern Platinum has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Eastern Platinum Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Eastern Platinum Limited, together with its subsidiaries, engages in the mining, exploration, and development of platinum group metal and chrome properties in South Africa. Eastern Platinum Limited was founded in 1989 and is headquartered in Vancouver, Canada. The company has 202.49 M outstanding shares of which 3.12 K shares are currently shorted by private and institutional investors with about 0.41 days to cover all short positions. More on Eastern Platinum Limited

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Eastern Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eastern Platinum's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eastern Platinum or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEODiana Hu
Business ConcentrationDiversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Precious Metals & Mining, Basic Materials (View all Sectors)
Eastern Platinum's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Eastern Platinum's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Eastern Platinum can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Eastern Platinum's financial leverage. It provides some insight into what part of Eastern Platinum's total assets is financed by creditors.
Liquidity
Eastern Platinum cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Eastern Platinum Limited has accumulated 1.48 M in total debt with debt to equity ratio (D/E) of 0.73, which is about average as compared to similar companies. Eastern Platinum has a current ratio of 1.55, which is within standard range for the sector. Debt can assist Eastern Platinum until it has trouble settling it off, either with new capital or with free cash flow. So, Eastern Platinum's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eastern Platinum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eastern to invest in growth at high rates of return. When we think about Eastern Platinum's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

4.63 Million
Eastern Platinum Limited (ELR) is traded on Toronto Exchange in Canada and employs 10 people. Eastern Platinum is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 36.45 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eastern Platinum's market, we take the total number of its shares issued and multiply it by Eastern Platinum's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Eastern Platinum operates under Metals & Mining sector and is part of Materials industry. The entity has 202.49 M outstanding shares of which 3.12 K shares are currently shorted by private and institutional investors with about 0.41 days to cover all short positions. Eastern Platinum Limited has accumulated about 1.13 M in cash with 18.89 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check Eastern Platinum Probability Of Bankruptcy
Ownership Allocation
Eastern Platinum holds a total of 202.49 Million outstanding shares. Eastern Platinum Limited retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Eastern Ownership Details

Eastern Platinum Risk Profiles

Although Eastern Platinum's alpha and beta are two of the key measurements used to evaluate Eastern Platinum's performance over the market, the standard measures of volatility play an important role as well.

Eastern Stock Against Markets

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Eastern Platinum Corporate Executives

Elected by the shareholders, the Eastern Platinum's board of directors comprises two types of representatives: Eastern Platinum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eastern. The board's role is to monitor Eastern Platinum's management team and ensure that shareholders' interests are well served. Eastern Platinum's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eastern Platinum's outside directors are responsible for providing unbiased perspectives on the board's policies.
Rowland WalleniusChief Financial Officer, Corporate SecretaryProfile
Andrea ZhangChief Operating OfficerProfile

Other Information on Investing in Eastern Stock

Eastern Platinum financial ratios help investors to determine whether Eastern Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eastern with respect to the benefits of owning Eastern Platinum security.