Eastern Platinum Limited trades with the ticker ELR on the TSX and is in the Other Precious Metals & Mining industry.
Overview
Eastern Platinum Limited, together with its subsidiaries, engages in the mining, exploration, and development of platinum group metal (PGM) and chrome properties in South Africa. Its PGM deposits include platinum, palladium, rhodium, osmium, iridium, and ruthenium. The company principally holds 100% interest in the Crocodile River Mine located on the western limb and the Kennedy’s Vale project on the eastern limb of Bushveld Complex (BCX); and the Mareesburg project situated on the eastern limb of the BCX. It also holds 97.7% interest in the Spitzkop project located on the eastern limb of the BCX. Eastern Platinum Limited was founded in 2003 and is headquartered in Vancouver, Canada.
Looking to invest in Eastern Platinum Limited? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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ELR.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $24.228MM
PE Ratio: 1.333
Price: 0.13 (Updated: 3/12/2024 0:47:16)
Eastern Platinum Limited (ELR) vs Competitors in Other Precious Metals & Mining
Lets see how ELR.TO stacks up against others in the Other Precious Metals & Mining asset management industry. We have identified its main peers as:Avino Silver & Gold Mines Ltd, Golden Minerals Company, Alexco Resource Corp, China Gold International Resources Corp. Ltd, Dundee Corporation
.Other Precious Metals & Mining Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Avino Silver & Gold Mines Ltd (ASM) | $88.064 | 70.0 | 19.78 | N/A% |
| Golden Minerals Company (AUMN) | $7.606 | N/A | -0.518 | N/A% |
| Alexco Resource Corp (AXU) | $111.61 | N/A | -5.568 | 0.0% |
| China Gold International Resources Corp. Ltd (CGG) | $2,854.181 | 55.385 | 39.036 | 0.0% |
| Dundee Corporation (DC-A) | $81.502 | N/A | -53.705 | N/A% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Other Precious Metals & Mining
- Eastern Platinum Limited (ELR) vs Avino Silver & Gold Mines Ltd (ASM)
- ELR has higher EPS (0.09 vs 0.01). ASM has a higher P/E ratio (70.0 vs 1.333) indicating it’s more expensive.
- Eastern Platinum Limited (ELR) vs Golden Minerals Company (AUMN)
- ELR has higher EPS (0.09 vs -2.27). AUMN has a P/E under 0, indicating ELR (P/E 1.333) is in a better position.
- Eastern Platinum Limited (ELR) vs Alexco Resource Corp (AXU)
- ELR has higher EPS (0.09 vs -0.124). AXU provides dividends, while ELR does not. AXU has a P/E under 0, indicating ELR (P/E 1.333) is in a better position.
- Eastern Platinum Limited (ELR) vs China Gold International Resources Corp. Ltd (CGG)
- CGG has higher EPS (0.13 vs 0.09). CGG provides dividends, while ELR does not. CGG has a higher P/E ratio (55.385 vs 1.333) indicating it’s more expensive.
- Eastern Platinum Limited (ELR) vs Dundee Corporation (DC-A)
- ELR has higher EPS (0.09 vs -0.1). DC-A has a P/E under 0, indicating ELR (P/E 1.333) is in a better position.
Our Recommendation: Hold
Has a lower P/E ratio (1.33) than the industry average (28.07), indicating potential undervaluation.
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