Professional
Added to YB: 2024-04-26
Pitch date: 2024-04-25
SLP.L [bullish]
Sylvania Platinum Limited
+52.23%
current return
Author Info
Macro Ops provides high signal investment research for serious investors. Visit the website.
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 149.5M
Pitch Price
GBP 0.60
Price Target
1.93 (+112%)
Dividend
4.49%
EV/EBITDA
5.06
P/E
13.67
EV/Sales
0.82
Sector
Metals and Mining
Category
value
Sylvania Platinum (SLP.L): For The Love Of Hate
SLP.L: S. African PGM miner at cycle low. £73M EV, 50% cash, no debt. Profitable even now, pays divs & buybacks. 75Koz/yr now, 85Koz by '26. Huge FCF if PGM prices rebound to $2900 3yr avg (new emissions stds catalyst). Upside from Thaba JV, Volspruit & Far Northern projects. 195% yield potential.
Read full article (6 min)