Professional
Added to YB: 2024-04-26
Pitch date: 2024-04-25
SLP.L [bullish]
Sylvania Platinum Limited
+47.95%
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, operates as a producer of platinum group metals including platinum, palladium, and rhodium, and chrome in South Africa.
Market Cap
GBP 285.3M
Pitch Price
GBP 0.59
Price Target
1.93 (+127%)
Dividend
3.35%
EV/EBITDA
3.98
P/E
7.91
EV/Sales
1.47
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.
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