Added to YB: 2026-02-27
Pitch date: 2026-02-24
SLP.L [neutral]
Sylvania Platinum Limited
+3.31%
current return
Author Info
PPinvest is an Ex-Citibanker who shares stock pitches in their newsletter. Sign up for the newsletter.
Company Info
Sylvania Platinum Limited, together with its subsidiaries, engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.
Market Cap
GBP 421.5M
Pitch Price
GBP 1.21
Price Target
8.10 (+551%)
Dividend
2.29%
EV/EBITDA
6.48
P/E
11.62
EV/Sales
2.34
Sector
Metals and Mining
Category
value
Sylvania Platinum Limited $SLP - Financial Results for the Half Year Ended December 31, 2025
SLP.L (earnings): H1 FY26 record 49,164oz 4E PGM (+9% feed vol, +10% grades), net sales +110% to ~$100M on 55% basket price surge to $2,162/oz ($2,374 Q2). Adj EBITDA +414% to $51M (>50% margin), cash costs $935/oz (low quartile). Thaba JV chromium diversification began. Raised FY26 guidance to 90-93k oz. Interim div 2.00p vs 0.75p prior, $2.5M buyback. $12.3M Hacra impairment. Author PT $8.10 (+400%) on fair P/E 20 vs current 10.
Read full article (5 min)