|Bid||0.2300 x 0|
|Ask||0.2400 x 0|
|Day's Range||0.2300 - 0.2400|
|52 Week Range||0.1800 - 0.7200|
|Beta (5Y Monthly)||1.11|
|PE Ratio (TTM)||230.00|
|Earnings Date||May 12, 2020 - May 17, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.74|
VANCOUVER, March 27, 2020 /CNW/ - Eastern Platinum Limited ("Eastplats" or the "Company") is pleased to report that it has filed its Audited Consolidated Financial Statements for the years ending December 31, 2019 and 2018 and the corresponding Management's Discussion and Analysis and Annual Information Form. The Retreatment Project produces revenue based on tons of material made available for processing by re-mining the tailings, recovery of certain operational costs and allocation of the upfront cash payment from Union Goal for the offtake of chrome concentrate.
VANCOUVER, March 4, 2020 /CNW/ - Eastern Platinum Limited (the "Company") is aware that a shareholder, 2538520 Ontario Limited ("2538520"), has issued a press release on March 2, 2020 containing incorrect, unproven, and speculative information concerning the Company, its directors and others. On August 28, 2019, Justice Smith of the Supreme Court of British Columbia dismissed an application by 2538520 on the basis that "2538520 has failed to satisfy the good faith requirement in s. 233(1)(c) of the BCA." As previously disclosed, 2538520 has filed an appeal from Justice Smith's dismissal of their application for leave to commence a derivative action, which is scheduled for hearing in the Court of Appeal in April 2020.
The following summarizes the developments with respect to legal actions currently being pursued by 2538520 Ontario Limited (the “Concerned Shareholder”) in respect of transactions between Eastern Platinum Ltd (“Eastplats”) (ELR.TO) and Union Goal Offshore Solution Limited (the “Union Goal Transaction”). In November 2018, the Concerned Shareholder initiated a petition to seek leave from the Supreme Court of British Columbia to commence a derivative action in the name and on behalf of Eastplats against certain former and current directors of Eastplats.
VANCOUVER , Feb. 18, 2020 /CNW/ - Eastern Platinum Limited (collectively called "Eastplats" or the "Company") is pleased to report that it has refurbished the small-scale platinum group metals ("PGM") Circuit D (previously the scavenger plant circuit) ("PGM Scavenger Circuit") and has successfully produced PGM concentrate. The Company is utilizing the feed, following the recovery of Chrome concentrate, directly from the Retreatment Project located at the Company's Crocodile River Mine in South Africa ("CRM"). The PGM Scavenger Circuit is able to process 40,000 tons of feed per month and the construction costs were less than US$150,000 , as the Company utilized significant existing infrastructure that was maintained on care and maintenance at CRM.
VANCOUVER, Nov. 8, 2019 /CNW/ - Eastern Platinum Limited ("Eastplats" or the "Company") is pleased to report that it has filed its Q3 2019 condensed interim consolidated financial statements and management's discussion and analysis for the three and nine months ended September 30, 2019. Operations began in December 2018 and the Retreatment Project has achieved over 89% of capacity during Q3 2019.
If you're interested in Eastern Platinum Limited (TSE:ELR), then you might want to consider its beta (a measure of...
VANCOUVER, Oct. 29, 2019 /CNW/ - Eastern Platinum Limited ("Eastplats" or the "Company") and its subsidiary Barplats Mines (Pty) Limited ("Barplats") are pleased to announce Barplats has entered into a sales agreement (the "Agreement") with Eland Platinum (Pty) Limited ("Eland"). The Agreement provides for sale of the mining rights, immovable property, infrastructure and equipment of the Maroelabult resource property (the "Assets") located near Brits in South Africa. The consideration to be received is R20 million (US$1.4 million), the assumption of the rehabilitation obligation and immediate assumption of the care and maintenance costs (the "Purchase Price") subject to representations and warranties by both parties.
/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES./ Trading Symbol: ELR (TSX); EPS (JSE) VANCOUVER , Oct. 3, 2019 /CNW/ - Eastern Platinum Limited (the " Company ") ...