Eastern Platinum（ELR）株式概要イースタン・プラチナム・リミテッドは、その子会社と共に南アフリカでプラチナ族金属とクロムの採掘、探査、開発を行っている。 詳細ELR ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性3/6配当金0/6リスク分析キャッシュランウェイが1年未満である Canadian市場と比較して、過去 3 か月間の株価の変動が非常に大きい過去5年間で収益は年間38.5%減少しました。 過去3か月間に大規模なインサイダー売却が発生 +1 さらなるリスクすべてのリスクチェックを見るELR Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCA$Current PriceCA$0.5130.1% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-51m107m2016201920222025202620282031Revenue US$66.7mEarnings US$8.6mAdvancedSet Fair ValueView all narrativesFeatured narrative•Materials opportunityUpside Gold3 months ago author updated this narrativeSTFair Value from stuart_robertsCA$5.0768.0% 割安 内在価値ディスカウントAn Undervalued 3.3Moz Gold Project in CanadaKey takeaways Upside Gold is developing the Kena Gold Project, near the town of Nelson in the Kootenays region of southern British Columbia. Kena hosts a historical gold resource of 3.33 million ounces (561,000 ounces Indicated and 2.77 million ounces Inferred) across a 10,200-hectare land package.Read full narrative15.3kusers have viewed this narrative42users have liked this narrative1users have commented on this narrative287users have followed this narrativeRead narrativeEastern Platinum Limited 競合他社Summit RoyaltiesSymbol: TSXV:SUMMarket cap: CA$106.8mLucara DiamondSymbol: TSX:LUCMarket cap: CA$342.4mSteppe GoldSymbol: TSX:STGOMarket cap: CA$348.9mEmpress RoyaltySymbol: TSXV:EMPRMarket cap: CA$121.4m価格と性能株価の高値、安値、推移の概要Eastern Platinum過去の株価現在の株価CA$0.5152週高値CA$0.9952週安値CA$0.11ベータ2.271ヶ月の変化10.87%3ヶ月変化2.00%1年変化308.00%3年間の変化363.64%5年間の変化34.21%IPOからの変化-96.17%最新ニュースRecent Insider Transactions • Apr 26CFO & Corporate Secretary recently sold CA$76k worth of stockOn the 23rd of April, Wylie Hui sold around 162k shares on-market at roughly CA$0.47 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Wylie has been a net seller over the last 12 months, reducing personal holdings by CA$74k.Recent Insider Transactions • Apr 20CFO & Corporate Secretary recently bought CA$90k worth of stockOn the 15th of April, Wylie Hui bought around 200k shares on-market at roughly CA$0.45 per share. This transaction increased Wylie's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wylie has been a buyer over the last 12 months, purchasing a net total of CA$61k worth in shares.Reported Earnings • Apr 04Full year 2025 earnings released: US$0.091 loss per share (vs US$0.063 loss in FY 2024)Full year 2025 results: US$0.091 loss per share (further deteriorated from US$0.063 loss in FY 2024). Revenue: US$61.6m (down 1.5% from FY 2024). Net loss: US$18.4m (loss widened 44% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 143 percentage points per year, which is a significant difference in performance.お知らせ • Apr 01Eastern Platinum Limited, Annual General Meeting, Jun 17, 2026Eastern Platinum Limited, Annual General Meeting, Jun 17, 2026.Recent Insider Transactions Derivative • Feb 24CFO & Corporate Secretary exercised options to buy CA$99k worth of stock.On the 19th of February, Wylie Hui exercised options to buy 150k shares at a strike price of around CA$0.34, costing a total of CA$51k. Wylie now holds 150.00k shares directly in their own name. Company insiders have collectively sold CA$50k more than they bought, via options and on-market transactions in the last 12 months.New Risk • Jan 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 26% per year over the past 5 years. Minor Risk Significant insider selling over the past 3 months (CA$134k sold).最新情報をもっと見るRecent updatesRecent Insider Transactions • Apr 26CFO & Corporate Secretary recently sold CA$76k worth of stockOn the 23rd of April, Wylie Hui sold around 162k shares on-market at roughly CA$0.47 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Wylie has been a net seller over the last 12 months, reducing personal holdings by CA$74k.Recent Insider Transactions • Apr 20CFO & Corporate Secretary recently bought CA$90k worth of stockOn the 15th of April, Wylie Hui bought around 200k shares on-market at roughly CA$0.45 per share. This transaction increased Wylie's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wylie has been a buyer over the last 12 months, purchasing a net total of CA$61k worth in shares.Reported Earnings • Apr 04Full year 2025 earnings released: US$0.091 loss per share (vs US$0.063 loss in FY 2024)Full year 2025 results: US$0.091 loss per share (further deteriorated from US$0.063 loss in FY 2024). Revenue: US$61.6m (down 1.5% from FY 2024). Net loss: US$18.4m (loss widened 44% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 143 percentage points per year, which is a significant difference in performance.お知らせ • Apr 01Eastern Platinum Limited, Annual General Meeting, Jun 17, 2026Eastern Platinum Limited, Annual General Meeting, Jun 17, 2026.Recent Insider Transactions Derivative • Feb 24CFO & Corporate Secretary exercised options to buy CA$99k worth of stock.On the 19th of February, Wylie Hui exercised options to buy 150k shares at a strike price of around CA$0.34, costing a total of CA$51k. Wylie now holds 150.00k shares directly in their own name. Company insiders have collectively sold CA$50k more than they bought, via options and on-market transactions in the last 12 months.New Risk • Jan 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 26% per year over the past 5 years. Minor Risk Significant insider selling over the past 3 months (CA$134k sold).分析記事 • Jan 21Eastern Platinum Limited (TSE:ELR) Held Back By Insufficient Growth Even After Shares Climb 47%Eastern Platinum Limited ( TSE:ELR ) shares have continued their recent momentum with a 47% gain in the last month...New Risk • Jan 15New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$55k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Significant insider selling over the past 3 months (CA$55k sold). Market cap is less than US$100m (CA$97.7m market cap, or US$70.3m).分析記事 • Jan 13Is Eastern Platinum (TSE:ELR) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Recent Insider Transactions • Dec 29Independent Director recently bought CA$10.0k worth of stockOn the 22nd of December, Lisa Ng bought around 100k shares on-market at roughly CA$0.10 per share. This trade did not impact their existing holding. In the last 3 months, they made an even bigger purchase worth CA$10.0k. Despite this recent purchase, insiders have collectively sold CA$86k more in shares than they bought in the last 12 months.分析記事 • Dec 06Eastern Platinum Limited's (TSE:ELR) Price Is Right But Growth Is Lacking After Shares Rocket 30%Eastern Platinum Limited ( TSE:ELR ) shareholders would be excited to see that the share price has had a great month...Reported Earnings • Nov 16Third quarter 2025 earnings released: US$0.011 loss per share (vs US$0.017 loss in 3Q 2024)Third quarter 2025 results: US$0.011 loss per share (improved from US$0.017 loss in 3Q 2024). Revenue: US$13.7m (up 25% from 3Q 2024). Net loss: US$2.20m (loss narrowed 35% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.分析記事 • Oct 07Eastern Platinum Limited (TSE:ELR) Shares Fly 33% But Investors Aren't Buying For GrowthThe Eastern Platinum Limited ( TSE:ELR ) share price has done very well over the last month, posting an excellent gain...分析記事 • Oct 01Health Check: How Prudently Does Eastern Platinum (TSE:ELR) Use Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Aug 16Revenues Working Against Eastern Platinum Limited's (TSE:ELR) Share Price Following 29% DiveTSX:ELR 1 Year Share Price vs Fair Value Explore Eastern Platinum's Fair Values from the Community and select yours...New Risk • Aug 14New major risk - Revenue and earnings growthEarnings have declined by 6.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 6.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (CA$39.5m market cap, or US$28.6m).Reported Earnings • Aug 14Second quarter 2025 earnings released: US$0.009 loss per share (vs US$0.017 profit in 2Q 2024)Second quarter 2025 results: US$0.009 loss per share (down from US$0.017 profit in 2Q 2024). Revenue: US$10.7m (down 43% from 2Q 2024). Net loss: US$1.79m (down 151% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Recent Insider Transactions • Jul 18Non-Executive Chair recently sold CA$3.9k worth of stockOn the 10th of July, Changyu Liu sold around 15k shares on-market at roughly CA$0.27 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$22k. Changyu has been a net seller over the last 12 months, reducing personal holdings by CA$36k.分析記事 • Jun 29Improved Revenues Required Before Eastern Platinum Limited (TSE:ELR) Stock's 67% Jump Looks JustifiedEastern Platinum Limited ( TSE:ELR ) shares have continued their recent momentum with a 67% gain in the last month...お知らせ • Jun 19Eastern Platinum Limited Appoints Eason Cong Chen as DirectorEastern Platinum Limited at its Annual General and Special of Shareholders held on June 17, 2025 announced that Eason Cong Chen was elected as director of the company.お知らせ • Jun 18Eastern Platinum Limited Announces Resignation of Bielin Shi from the Board of Directors, Effective June 18, 2025Eastern Platinum Limited at its Annual General and Special Meeting of Shareholders held on June 17, 2025, announced that one director, Dr. Bielin Shi, had more votes withheld than were voted in their favour of their appointments to the Board. As a result, in accordance with the Company's Majority Voting Policy, Dr. Shi has tendered his resignation from the Board of Directors of the Company (the "Board"). The Board will refer such resignations to the Corporate Governance and Compensation Committee (the "Committee") for consideration on whether or not to accept the resignations submitted by Dr. Shi. In accordance with the Policy, the Board shall accept such resignation unless the Committee determines that there are exceptional circumstances relating to the composition of the Board or the voting results that should delay the acceptance of such resignation or justify rejecting such resignation. The Board of Directors of the Company (the "Board") has accepted the resignation submitted by Dr. Bielin Shi, effective June 18, 2025.New Risk • Jun 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 24% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (24% average weekly change). Minor Risk Market cap is less than US$100m (CA$37.5m market cap, or US$27.4m).Reported Earnings • May 15First quarter 2025 earnings released: US$0.034 loss per share (vs US$0.005 loss in 1Q 2024)First quarter 2025 results: US$0.034 loss per share (further deteriorated from US$0.005 loss in 1Q 2024). Revenue: US$14.8m (down 5.8% from 1Q 2024). Net loss: US$6.89m (loss widened US$5.97m from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 19% per year.お知らせ • May 02Eastern Platinum Limited Announces Eason Cong Chen Joins its Board of Directors, Effective May 1, 2025Eastern Platinum Limited announced that Eason Cong Chen has joined the board of directors of the company, effective May 1, 2025. Mr. Chen is a Canadian Chartered Professional Accountant (CPA) with over 20 years of experience in accounting, finance, operations, mergers and acquisitions, and management reporting, with a strong focus on the mining industry. He served on the board and audit committee of a Canadian copper producer for over 10 years, including more than one year as Chief Financial Officer. Mr. Chen is currently a partner at a U.S. CPA firm that specializes in the audit of publicly listed companies in both Canada and the United States. His areas of expertise include IFRS and U.S. GAAP financial reporting, internal controls over financial reporting, and corporate governance. Mr. Chen brings a strong combination of technical knowledge and executive leadership to the board, with a proven track record of driving financial performance and strategic execution in the resource sector.お知らせ • Apr 25Eastern Platinum Limited Appoints Changyu (Charlie) Liu as Non-Executive Chair, Effective from April 22, 2025Eastern Platinum Limited announced the appointment of Non-Independent Director Mr. Changyu (Charlie) Liu as Non-Executive Chair, effective from April 22, 2025. Mr. Liu succeeds George Graham Dorin, the esteemed Board Chair who passed away in March. Mr. Liu is the Chairman of Ka An Development Co. Limited ("Ka An"), a long-term shareholder of Eastplats. Mr. Liu brings over two decades of expertise in business investment and financing enterprises in China, Hong Kong, and North America. His current investments span across mining, automobile sales, banking, and shipping industries. Ka An continues to be fully committed to ensuring the successful management and operation of the Company.お知らせ • Apr 09Eastern Platinum Limited, Annual General Meeting, Jun 17, 2025Eastern Platinum Limited, Annual General Meeting, Jun 17, 2025.Reported Earnings • Mar 31Full year 2024 earnings released: US$0.063 loss per share (vs US$0.077 profit in FY 2023)Full year 2024 results: US$0.063 loss per share (down from US$0.077 profit in FY 2023). Revenue: US$62.5m (down 42% from FY 2023). Net loss: US$12.8m (down 193% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.お知らせ • Mar 31Eastern Platinum Limited Provides Consolidated Production Guidance for the Year 2025Eastern Platinum Limited provided consolidated production guidance for the year 2025. The Company's targets for 2025 are as follows: Ramp-up the Zandfontein underground operations - process up to 631,000 tons of underground ROM in total for the year (ongoing); Confirm capital plans to support the full re-opening of Zandfontein underground operations at the CRM from external or internal sources (ongoing); Complete the second phase of the TSF capital works program and confirm the TSF dam space for new ROM tailings (ongoing); Renovate Circuit D to high energy flotation cells for better ROM processing recovery rate to 82% or higher (ongoing).お知らせ • Mar 28Eastern Platinum Limited Announces the Passing of George Graham Dorin, Board ChairEastern Platinum Limited announced the passing of their esteemed Board Chair, George Graham Dorin. George joined the Board on July 5, 2016, and served with unwavering dedication as Board Chair and Chair of the Corporate Governance and Compensation Committee. His over 40 years of extensive financial experience, including roles with Ernst & Whinney (now KPMG), Price Waterhouse, and the Royal Bank of Canada, brought invaluable insight and leadership to Eastplats.New Risk • Mar 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (CA$34.4m market cap, or US$24.0m).分析記事 • Feb 14Eastern Platinum Limited (TSE:ELR) Surges 29% Yet Its Low P/S Is No Reason For ExcitementEastern Platinum Limited ( TSE:ELR ) shares have had a really impressive month, gaining 29% after a shaky period...New Risk • Jan 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (CA$30.4m market cap, or US$21.2m).New Risk • Nov 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.3% Last year net profit margin: 13% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (CA$35.4m market cap, or US$25.4m).Reported Earnings • Nov 09Third quarter 2024 earnings released: US$0.017 loss per share (vs US$0.015 profit in 3Q 2023)Third quarter 2024 results: US$0.017 loss per share (down from US$0.015 profit in 3Q 2023). Revenue: US$11.0m (down 50% from 3Q 2023). Net loss: US$3.39m (down 209% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.分析記事 • Oct 05Eastern Platinum Limited (TSE:ELR) Shares Fly 32% But Investors Aren't Buying For GrowthEastern Platinum Limited ( TSE:ELR ) shares have had a really impressive month, gaining 32% after a shaky period...お知らせ • Oct 03Eastern Platinum Limited Announces Commissioning of PGM Processing Facility at Crocodile River Mine, South AfricaEastplats Limited announced that it has been advancing the commissioning activities of its platinum group metals ("PGM") processing plant at the Company's Crocodile River Mine ("CRM") located within the Bushveld Complex, host to approximately 80% of the world's PGM-bearing ore, in northeastern South Africa. Commissioning of the processing plant (Circuit B) is ongoing and the plant has begun processing Run-of-Mine ("ROM") UG2 ore from the Zandfontein underground operations at the CRM; A total of 75,000 tons of ROM ore was blasted up to October 1, 2024, with approximately 22,000 tons of the ROM ore processed in September. This produced a concentrate containing approximately 1,300 ounces of PGM (Pt, Pd, Rh, Ru, Ir, Au) 6E metals, which was delivered to Impala Platinum Limited ("Impala") under the existing offtake agreement between the Company's subsidiary, Barplats Mines Limited ("Barplats") and Impala. 30,000 tons of ROM ore is expected to be processed in October, producing concentrates containing 2,000 to 2,500 ounces of PGM 6E metals to be delivered to Impala. Metallurgical chrome concentrates have been produced as a by-product when the UG2 ROM ore is being processed for PGMs; Zandfontein Underground operations will produce 40,000 tons of ROM ore per month by the end of 2024, as previously guided. The next ramp up phase will increase production to 70,000 tons of ROM ore Per month by the end of 2025. Eastplats' Circuit B has a ROM ore processing capacity of 1,000,000 tons annually; and Up to 185,000 tons of underground ROM ore from Zandfontein is expected to be blasted and processed in 2024. The Company will continue to process historical tailings to recover chrome from its chrome retreatment project, at the Crocodile River Mine, but expects this to winddown in the early part of 2025. Following the conclusion of this project, Eastplats expects to complete the second phase of its tailings storage facility program to recover chrome and PGMs from tailings generated from the newly operating Zandfontein underground. By 2026, PGM revenue is expected to account for 65% or more of Eastplats' total revenue.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: US$0.017 (vs US$0.044 in 2Q 2023)Second quarter 2024 results: EPS: US$0.017 (down from US$0.044 in 2Q 2023). Revenue: US$18.8m (down 49% from 2Q 2023). Net income: US$3.48m (down 55% from 2Q 2023). Profit margin: 19% (down from 21% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.分析記事 • Jul 23It's Down 26% But Eastern Platinum Limited (TSE:ELR) Could Be Riskier Than It LooksEastern Platinum Limited ( TSE:ELR ) shares have retraced a considerable 26% in the last month, reversing a fair amount...分析記事 • Jun 27Returns Are Gaining Momentum At Eastern Platinum (TSE:ELR)What are the early trends we should look for to identify a stock that could multiply in value over the long term...Reported Earnings • May 05Full year 2023 earnings released: EPS: US$0.077 (vs US$0.019 loss in FY 2022)Full year 2023 results: EPS: US$0.077 (up from US$0.019 loss in FY 2022). Revenue: US$106.9m (up 115% from FY 2022). Net income: US$13.8m (up US$16.4m from FY 2022). Profit margin: 13% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.New Risk • Apr 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Shareholders have been diluted in the past year (46% increase in shares outstanding). Market cap is less than US$100m (CA$33.3m market cap, or US$24.4m).分析記事 • Apr 23A Piece Of The Puzzle Missing From Eastern Platinum Limited's (TSE:ELR) 53% Share Price ClimbThose holding Eastern Platinum Limited ( TSE:ELR ) shares would be relieved that the share price has rebounded 53% in...お知らせ • Apr 19Eastern Platinum Limited, Annual General Meeting, Jun 18, 2024Eastern Platinum Limited, Annual General Meeting, Jun 18, 2024.分析記事 • Mar 09Investors Give Eastern Platinum Limited (TSE:ELR) Shares A 28% HidingEastern Platinum Limited ( TSE:ELR ) shareholders won't be pleased to see that the share price has had a very rough...お知らせ • Mar 08Eastern Platinum Announces Initial Phase of Zandfontein Underground Is Fully OperationalEastern Platinum Limited announced that the initial phase ("soft start") of the Zandfontein underground operations at the Company's Crocodile River Mine ("CRM") is now fully operational. CRM is located within the Bushveld Complex, host to approximately 80% of the world's PGM-bearing ore, in northeastern South Africa. The Company plans to achieve a mining run rate of 40,000 tons per month by the end of 2024, with the aim of processing up to 235,000 tons of ore from underground production this year.分析記事 • Feb 28Eastern Platinum (TSE:ELR) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...分析記事 • Jan 24Investors Holding Back On Eastern Platinum Limited (TSE:ELR)Eastern Platinum Limited's ( TSE:ELR ) price-to-sales (or "P/S") ratio of 0.3x might make it look like a buy right now...分析記事 • Dec 16Is Eastern Platinum (TSE:ELR) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Oct 24Eastern Platinum (TSE:ELR) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Sep 16Eastern Platinum (TSE:ELR) Seems To Be Using A Lot Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: US$0.044 (vs US$0.009 in 2Q 2022)Second quarter 2023 results: EPS: US$0.044 (up from US$0.009 in 2Q 2022). Revenue: US$36.6m (up 79% from 2Q 2022). Net income: US$7.66m (up US$6.45m from 2Q 2022). Profit margin: 21% (up from 5.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.分析記事 • Aug 11Little Excitement Around Eastern Platinum Limited's (TSE:ELR) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.2x Eastern Platinum Limited ( TSE:ELR ) is definitely a...Reported Earnings • May 12First quarter 2023 earnings released: EPS: US$0.01 (vs US$0.022 in 1Q 2022)First quarter 2023 results: EPS: US$0.01 (down from US$0.022 in 1Q 2022). Revenue: US$22.1m (up 27% from 1Q 2022). Net income: US$1.34m (down 55% from 1Q 2022). Profit margin: 6.1% (down from 17% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.お知らせ • May 10Eastern Platinum Limited has completed a Follow-on Equity Offering in the amount of $7.048872 million.Eastern Platinum Limited has completed a Follow-on Equity Offering in the amount of $7.048872 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 64,080,653 Price\Range: $0.11 Transaction Features: Rights OfferingReported Earnings • Mar 22Third quarter 2022 earnings released: US$0.048 loss per share (vs US$0.018 loss in 3Q 2021)Third quarter 2022 results: US$0.048 loss per share (further deteriorated from US$0.018 loss in 3Q 2021). Revenue: US$3.59m (down 77% from 3Q 2021). Net loss: US$6.60m (loss widened 163% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.分析記事 • Mar 01Eastern Platinum (TSE:ELR) Use Of Debt Could Be Considered RiskyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Nov 16Third quarter 2022 earnings released: US$0.029 loss per share (vs US$0.018 loss in 3Q 2021)Third quarter 2022 results: US$0.029 loss per share (further deteriorated from US$0.018 loss in 3Q 2021). Revenue: US$17.2m (up 8.1% from 3Q 2021). Net loss: US$4.06m (loss widened 62% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 12Third quarter 2022 earnings released: US$0.029 loss per share (vs US$0.018 loss in 3Q 2021)Third quarter 2022 results: US$0.029 loss per share (further deteriorated from US$0.018 loss in 3Q 2021). Revenue: US$17.2m (up 8.1% from 3Q 2021). Net loss: US$4.06m (loss widened 62% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.分析記事 • Nov 12Returns Are Gaining Momentum At Eastern Platinum (TSE:ELR)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...お知らせ • Oct 21Eastern Platinum Limited Announces Executive ChangesEastern Platinum Limited announces that Ms. Hannelie Hanson, Chief Operating Officer ("COO"), has resigned from the Company to pursue new career opportunities. Mr. Yang will assume the general management role in South Africa, and its tasks and responsibilities, on an interim basis. The Company announced the appointment of Mr. Haiying Wang as Vice President. Mr. Wang recently joined Eastplats to focus on the South Africa mining business. He has over 20 years of experience in international trading and logistics including 10 years of mineral investment and trading in North America. He has over 5 years of experience in operations, supply chain, and human resource management. Mr. Wang is responsible for new project development, planning, marketing and promotion, investment, and socio-economic strategy at Eastplats. He graduated from Guangdong University of Foreign Studies with a Bachelor's Degree of Economics.分析記事 • Aug 28Is Eastern Platinum (TSE:ELR) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: US$0.009 (vs US$0.03 in 2Q 2021)Second quarter 2022 results: EPS: US$0.009 (down from US$0.03 in 2Q 2021). Revenue: US$20.5m (up 2.5% from 2Q 2021). Net income: US$1.21m (down 71% from 2Q 2021). Profit margin: 5.9% (down from 21% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 04Eastern Platinum Limited Promotes Hannelie Hanson to Chief Operating OfficerEastern Platinum Limited announced the promotion of Hannelie Hanson to Chief Operating Officer ("COO") from General Manager, South Africa Operations of the Company. Ms. Hanson has over 24 years of experience in mining as a technical specialist and a strategic leader. She heads up the operations and projects in South Africa and drives proper planning, accountability, optimization & innovation, communication, and development of people while executing the expansion plans at Eastplats, including the restart of Zandfontein underground operations. Ms. Hanson graduated from Stellenbosch University with a BSc (Hons) in Geology in 1998, and also holds an MEng degree in Mining Engineering from Wits and an MBA at the University of Cape Town. Her career in mining started at Lorraine Gold Mine in the Free State, and she was the custodian of Mine Technical Services departments at two mines. Prior to joining Eastplats in 2012, Ms. Hanson held the position of Senior Manager (Technical Services) for six years with Lonmin, having started there as a graduate geologist in 1999 and being promoted into projects and planning before heading up the Technical Services department.Board Change • Jul 31High number of new directorsDirector Lisa Ng was the last director to join the board, commencing their role in 2022.分析記事 • Jul 06Returns Are Gaining Momentum At Eastern Platinum (TSE:ELR)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...お知らせ • Jun 30+ 1 more updateEastern Platinum Limited Appoints Wanjin Yang as Chief Executive OfficerBoard of Directors Eastern Platinum Limited announced that it has appointed Mr. Wanjin Yang as the Company's Chief Executive Officer, effective immediately. Mr. Yang is a senior exploration geologist with over 30 years' of experience in major mineral exploration projects, corporate management, and corporate development. He previously was the Project Geologist at Whitehorse Gold Corp. working on its mineral exploration projects, new project acquisitions, and other corporate development work. Mr. Yang replaces Ms. Diana Hu, who has left the Company to pursue other endeavors.お知らせ • Jun 24Eastern Platinum Limited Announces Board ChangesEastern Platinum Limited announced the Board of Directors of the Company has accepted the respective resignations submitted by Diana Hu and Michael Cosic, effective June 22, 2022, in accordance with the Company's Majority Voting Policy (the "Policy"). The Company announced the appointments of Mr. Changyu (Charlie) Liu and Ms. Lisa Ng to the Board, to fill the vacancies left by Ms. Hu and Mr. Cosic. Mr. Liu is the Chairman of Ka An Development Co. Limited ("Ka An"), a long-term shareholder of Eastplats. Mr. Liu's career has been focused on business investments and international trade in China, Hong Kong, and North America. After completing his studies in accounting at Tianjin University of Finance and Economics in 1994, Mr. Liu started his career in the automobile sales and distribution sector. He was an early partner and investor in renowned technology companies. A decade ago, Mr. Liubegan following the global mining industry. His current investments span across mining, automobile sales, banking, and shipping industries. Mr. Liu brings over two decades of expertise in business investment and financing enterprises. Ka An continues to be fully committed to ensuring the successful management and operation of the Company. Ms. Ng is an accomplished CPA (Chartered Professional Accountant) with an extensive financialmanagement background, including with several publicly traded mining companies. She has over 25 years of experience in mining, information technology, biotech, insurance, in a wide range of business sectors including the financial operations of multi-million dollar companies.お知らせ • May 21Eastern Platinum Files Updated Technical Report on the Crocodile River MineEastern Platinum Limited announced that it has filed the "NI 43-101 Technical Report on the Crocodile River Mine ("CRM"), North West Province, South Africa" (the "Report") dated January 1, 2022 on SEDAR. The CRM is a platinum group metal ("PGM") mine located 70 km north-northwest of Johannesburg in the North West Province and 7 km south of the town of Brits and situated on the western limb of the Bushveld Igneous Complex in an area of known structural complexity, the Brits Graben. The current mine lease area includes one operating mining section (the "Zandfontein Section") and two development sections (the "Crocette Section" and the "Kareespruit Section", respectively). The Report has been updated, in preparation of the re-start of underground mining at the Zandfontein Section of CRM which was placed under care and maintenance in 2013. The resources and reserves updates of the Report apply to each of the Zandfontein Section, the Crocette Section and the Kareespruit Section. In connection with the filings, the Company is pleased to provide a statement of the current resources and reserves supported by the Report. Capitalized terms used and not otherwise defined in this news release have the meaning ascribed to them by The Canadian Institute of Mining, Metallurgy and Petroleum. Zandfontein underground (the project) M&I resource is 28Mt with 3.96Moz and a reserve of 14.58Mt with 1.72Moz for the current project plan of 22 years. The resources are effective as of January 1, 2022. presents the Measured and Indicated Mineral Resource for underground: The individual Pt, Pd, Rh and Au values are based on the prill split derived from the composited individual channel grades of the drillholes. The Mineral Reserve estimation includes only diluted Measured and Indicated Mineral Resources which have been converted to Proved and Probable Mineral Reserves. A portion of Inferred Mineral Resources are included in the LoM plan, as it is required to mine through Inferred portions to access Measured and Indicated Mineral Resources. These Inferred Mineral Resources have, however, been excluded in the Mineral Reserve estimation and in the economic analysis. No Inferred Mineral Resources have been included in the Mineral Reserve estimation. The Mineral Reserve estimation was completed using a 4E basket price of USD1,825/oz and exchange rate of 15.53 ZAR/USD. An uneconomical tail of 133.34 kt at a 4E grade of 3.51 g/t, containing 15.06 koz has been excluded from the Mineral Reserve estimate. The Mineral Reserves are reported as total Mineral Reserves and are not attributed.Reported Earnings • May 13First quarter 2022 earnings released: EPS: US$0.022 (vs US$0.007 loss in 1Q 2021)First quarter 2022 results: EPS: US$0.022 (up from US$0.007 loss in 1Q 2021). Revenue: US$17.4m (up 4.3% from 1Q 2021). Net income: US$3.01m (up US$3.87m from 1Q 2021). Profit margin: 17% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.分析記事 • Apr 29Is Eastern Platinum (TSE:ELR) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Alex Guan was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 13Eastern Platinum Limited, Annual General Meeting, Jun 21, 2022Eastern Platinum Limited, Annual General Meeting, Jun 21, 2022.分析記事 • Dec 02Is Eastern Platinum (TSE:ELR) Using Debt Sensibly?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Nov 12Third quarter 2021 earnings released: US$0.018 loss per share (vs US$0.002 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: US$15.9m (down 5.5% from 3Q 2020). Net loss: US$2.51m (down US$2.68m from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 19Statutory Earnings May Not Be The Best Way To Understand Eastern Platinum's (TSE:ELR) True PositionEven though Eastern Platinum Limited ( TSE:ELR ) posted strong earnings recently, the stock hasn't reacted in a large...Reported Earnings • Aug 14Second quarter 2021 earnings released: EPS US$0.03 (vs US$0.032 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$20.0m (up 115% from 2Q 2020). Net income: US$4.14m (up US$7.15m from 2Q 2020). Profit margin: 21% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 22Eastern Platinum Limited Announces Settlement of Legal DisputesEastern Platinum Limited announced that it, along with Eastplats Acquisition Co. Ltd. and Eastern Platinum Holdings Limited, has agreed with the defendants and certain other parties to settle and dismiss the outstanding lawsuits filed in the British Columbia Supreme Court Action No. S-186503 and Action No. S-179666 and to settle certain related disputes. Details concerning these lawsuits were previously described in the Company's press releases and corporate filings. The settlements of the filed lawsuits provide for an amount of CAD 4,000,000 in cash to be paid to the Company. The terms of the settlements are confidential and no party to them has admitted any wrongdoing or liability.分析記事 • Jun 09Is Eastern Platinum (TSE:ELR) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...お知らせ • Jun 01Eastern Platinum Succeeds in Upholding Appeals Court Decision as Supreme Court of Canada Refuses to Hear AppealEastern Platinum Limited announced that the Supreme Court of Canada has declined to hear the appeal sought by 2538520 Ontario Limited (253) of the decision rendered by the British Columbia Court of Appeal upholding the lower court's decision denying 253's application for leave to commence a derivative action against certain of Eastplat's current and former directors and officers in relation to the agreements entered into with Union Goal Offshore Solution Limited ("Union Goal") underlying Eastplat's Retreatment Project (For further information, see press releases of August 29, 2019 and November 17, 2020). The Company will be seeking recovery from 253 of the costs incurred in responding to 253's unsuccessful petition and appeals.Reported Earnings • May 16First quarter 2021 earnings released: US$0.007 loss per share (vs US$0.088 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$16.7m (up 18% from 1Q 2020). Net loss: US$865.0k (loss narrowed 89% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • May 12Eastern Platinum Limited Provides Provides Pgm Production and Underground Mine Design UpdatesEastern Platinum Limited reported the Company has dispatched 199.8 dry tons of platinum group metal ("PGM") concentrates containing 490.9 oz of PGMs under the offtake agreement with Impala Platinum Limited, within the production month of April 2021. This marks the first full month of PGM production following the recent completion of the reconfiguration and optimization of the small-scale PGM circuit (previously the scavenger plant circuit) ("Circuit D"). The Company completed the process upgrades to ensure a consistent production of a minimum of 200 tons of PGM concentrates per month from Circuit D. All concentrates produced reached the satisfactory quality requirements under the offtake agreement. The Company has also commissioned a life of mine design and schedule on the Zandfontein vertical shaft as the first step in evaluating and planning the restart of underground mining at Crocodile River Mine. The work is expected to be completed in the third quarter of 2021.Reported Earnings • Mar 27Full year 2020 earnings released: US$0.082 loss per share (vs US$0.001 profit in FY 2019)The company reported a mediocre full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$56.1m (up 43% from FY 2019). Net loss: US$7.97m (down US$8.08m from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Mar 16Eastern Platinum Limited Signs Updated Retreatment Project AgreementsEastern Platinum Limited announced the Board of Directors of the Company approved and the Company executed updated Retreatment Project Agreements. The Company, its subsidiary Barplats Mines (Pty) Limited ("Barplats") and Union Goal Offshore Solution Limited ("Union Goal") signed the original agreements in 2018. Operations at the Crocodile River Mine include re-mining and processing its tailings resource, with an offtake of the chrome concentrate to Union Goal from the Barplats Zandfontein UG2 tailings facility (the "Retreatment Project") and the processing and extraction of platinum group metals ("PGM"). The Company recently reported a review of the Retreatment Project operations for 2019 and 2020. This review highlighted the excellent operating results achieved. The updated Retreatment Project Agreements capitalize on two years of operating knowledge and Eastplats continued commitment to the long- term benefits of the Retreatant Project. The Company and Barplats maintain the put option and Union Goal retains the call option for the re-purchase of the Retreatment Project equipment and loan in the event that both parties cannot agree on the pricing for the entire circuit once assessment is complete.お知らせ • Mar 05Eastern Platinum Limited Provides the Retreatment Project Operations Technical Summary for 2019 and 2020Eastern Platinum Limited provided the Retreatment Project operations technical summary for 2019 and 2020. The Retreatment Project is operated by the Company's subsidiary, Barplats Mines (Pty) Ltd. at its Crocodile River Mine property in South Africa. The Retreatment Project is a proprietary operation in South Africa producing chrome concentrates. It includes a combined hydro and mechanical re-mining method, magnetic separation applied to produce chrome concentrates, thus obtaining superior yield result compared to traditional gravity technology. The Retreatment Project is the only large-scale magnetic separation application in South Africa. Since 2017 Barplats has grown from 100 employees to over 350 contractors and employees engaged in supporting the Retreatment Project. The current Retreatment Project is expected to continue operating into 2024. Availability of the Retreatment Project as a 24-hour continuous operation (including chrome recovery plant, deposition and remining on the tailings dam) including planned maintenance has improved significantly from 76.43% in 2019 to 85.71% in 2020. The two years of successfully operating the Retreatment Project has laid the ground work to acquire the technical knowledge, confirm the upgrade required in the feed as well as establish the financial resources required to restart the PGM operations. Eastplats is currently reconfiguring and optimizing the small-scale PGM circuit which also includes funding for some of the initial work required to restart the main PGM plant circuit and the Company estimates the work to be completed before March 12, 2021. The extraction of PGMs will generate additional revenue sources and create new employment opportunities. Barplats has entered into an agreement with Advanced Beneficiation Technologies Proprietary Limited of South Africa to complete an independent feasibility study for the development and construction of a new modular plant with a capacity to process the PGMs from the tailings redeposited from the Retreatment Project at a designated area of the Zandfontein Tailings Dam at an expected rate of 50,000 tons per month. The Circuit H Project is being pursued to provide the opportunity to remine the tailings already deposited from the beginning of the Retreatment Project and extract additional value from PGMs. The Feasibility Study is in its final stages and the results are expected by the end of March 2021. The process was delayed by COVID-19 related impacts, particularly as it relates to the assay labs.分析記事 • Feb 24Would Shareholders Who Purchased Eastern Platinum's (TSE:ELR) Stock Five Years Be Happy With The Share price Today?Over the last month the Eastern Platinum Limited ( TSE:ELR ) has been much stronger than before, rebounding by 33%. But...お知らせ • Jan 29Eastern Platinum Limited announced that it has received CAD 0.073 million in fundingEastern Platinum Limited (TSX:ELR) announced a private placement of 730,000 common shares at a price of CAD 0.10 per share for gross proceeds of CAD 73,000 on January 28, 2021. The securities issued are subject to a hold period of four months and one day from the date of closing.Is New 90 Day High Low • Jan 27New 90-day low: CA$0.32The company is down 16% from its price of CA$0.38 on 28 October 2020. The Canadian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 1.0% over the same period.お知らせ • Jan 26Eastern Platinum Limited has completed a Follow-on Equity Offering in the amount of CAD 11.789357 million.Eastern Platinum Limited has completed a Follow-on Equity Offering in the amount of CAD 11.789357 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 36,841,741 Price\Range: CAD 0.32 Transaction Features: Rights OfferingIs New 90 Day High Low • Jan 09New 90-day low: CA$0.35The company is down 9.0% from its price of CA$0.39 on 09 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 1.0% over the same period.お知らせ • Jan 03Eastern Platinum Limited Receives Petition Seeking Leave to Commence A Derivative ActionEastern Platinum Limited announced that it has received a petition filed with the Supreme Court of British Columbia, by Xiaoling Ren, a shareholder of the Company, seeking leave from the court to commence a derivative action on behalf of the Company against certain of its current and former directors. Ms. Ren is represented by the same law firm who filed a similar petition in November 2018 that was dismissed by the Supreme Court of British Columbia in a decision affirmed by the Court of Appeal for British Columbia.Is New 90 Day High Low • Dec 08New 90-day high: CA$0.48The company is up 13% from its price of CA$0.42 on 08 September 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 8.0% over the same period.お知らせ • Nov 18Court Dismisses the Appeal of Petition Seeking Leave to Commence A Derivative Action Against Directors of Eastern Platinum LimitedEastern Platinum Limited announced that it has received the written reasons for judgment of the Court of Appeal for British Columbia dismissing the appeal of the petition filed by 2538520 Ontario Limited, seeking leave to commence a derivative action against certain of its current and former directors in relation to the transactions between the Company and Union Goal Offshore Solutions Limited.Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS US$0.002The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$16.8m (up 49% from 3Q 2019). Net income: US$172.0k (up US$2.93m from 3Q 2019). Profit margin: 1.0% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 17Eastern Platinum Limited Temporarily Ceases Chrome Concentrate Production in South Africa Due to Coronavirus and Additional Testing and CleaningEastern Platinum Limited reported that the chrome concentrate operation at Crocodile River Mine located in South Africa was temporarily halted on the weekend as a result of a confirmed case of COVID-19 and some precautionary steps the Company is taking, including personnel self-isolation and full scale deep cleaning of CRM. To ensure the safety and health of the staff, the Company is instituting a full baseline testing of staff and contractors for COVID-19. The Company has prepared and is undertaking additional training and education, and targets chrome concentrate production to restart not later than Saturday June 20, 2020. The effects of the COVID-19 are changing rapidly and the consequences of the temporary shutdown of CRM are expected to be minimal, however if it is extended the effects cannot be reasonably estimated at this time but could have material adverse effects on the Company's business and cashflows.株主還元ELRCA Metals and MiningCA 市場7D9.7%8.7%1.0%1Y308.0%94.1%34.0%株主還元を見る業界別リターン: ELR過去 1 年間で94.1 % の収益を上げたCanadian Metals and Mining業界を上回りました。リターン対市場: ELR過去 1 年間で34 % の収益を上げたCanadian市場を上回りました。価格変動Is ELR's price volatile compared to industry and market?ELR volatilityELR Average Weekly Movement19.6%Metals and Mining Industry Average Movement11.9%Market Average Movement10.3%10% most volatile stocks in CA Market17.8%10% least volatile stocks in CA Market4.0%安定した株価: ELRの株価は、 Canadian市場と比較して過去 3 か月間で変動しています。時間の経過による変動: ELRの weekly volatility ( 20% ) は過去 1 年間安定していますが、依然としてCanadianの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1989n/aWanjin Yangwww.eastplats.comイースタン・プラチナム・リミテッドは、その子会社とともに南アフリカでプラチナ族金属とクロム鉱床の採掘、探鉱、開発を行っている。同社が保有するPGM鉱床には、プラチナ、パラジウム、ロジウム、オスミウム、イリジウム、ルテニウムが含まれる。主に南アフリカのブッシュフェルト・コンプレックスの西縁と東縁に位置する資産ポートフォリオを保有している。イースタン・プラチナ・リミテッドは1989年に設立され、カナダのバンクーバーに本社を置く。もっと見るEastern Platinum Limited 基礎のまとめEastern Platinum の収益と売上を時価総額と比較するとどうか。ELR 基礎統計学時価総額CA$106.57m収益（TTM）-CA$25.08m売上高(TTM)CA$84.09m1.2xP/Sレシオ-4.2xPER（株価収益率ELR は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計ELR 損益計算書（TTM）収益US$61.59m売上原価US$59.86m売上総利益US$1.73mその他の費用US$20.10m収益-US$18.37m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）-0.09グロス・マージン2.80%純利益率-29.83%有利子負債／自己資本比率14.5%ELR の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 07:59終値2026/05/07 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Eastern Platinum Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。9 アナリスト機関Leon EsterhuizenCIBC Capital MarketsAndrey LitvinEdison Investment ResearchRebecca O'DwyerInvestec Bank plc (UK)6 その他のアナリストを表示
Featured narrative•Materials opportunityUpside Gold3 months ago author updated this narrativeSTFair Value from stuart_robertsCA$5.0768.0% 割安 内在価値ディスカウントAn Undervalued 3.3Moz Gold Project in CanadaKey takeaways Upside Gold is developing the Kena Gold Project, near the town of Nelson in the Kootenays region of southern British Columbia. Kena hosts a historical gold resource of 3.33 million ounces (561,000 ounces Indicated and 2.77 million ounces Inferred) across a 10,200-hectare land package.Read full narrative15.3kusers have viewed this narrative42users have liked this narrative1users have commented on this narrative287users have followed this narrativeRead narrative
Recent Insider Transactions • Apr 26CFO & Corporate Secretary recently sold CA$76k worth of stockOn the 23rd of April, Wylie Hui sold around 162k shares on-market at roughly CA$0.47 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Wylie has been a net seller over the last 12 months, reducing personal holdings by CA$74k.
Recent Insider Transactions • Apr 20CFO & Corporate Secretary recently bought CA$90k worth of stockOn the 15th of April, Wylie Hui bought around 200k shares on-market at roughly CA$0.45 per share. This transaction increased Wylie's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wylie has been a buyer over the last 12 months, purchasing a net total of CA$61k worth in shares.
Reported Earnings • Apr 04Full year 2025 earnings released: US$0.091 loss per share (vs US$0.063 loss in FY 2024)Full year 2025 results: US$0.091 loss per share (further deteriorated from US$0.063 loss in FY 2024). Revenue: US$61.6m (down 1.5% from FY 2024). Net loss: US$18.4m (loss widened 44% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 143 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 01Eastern Platinum Limited, Annual General Meeting, Jun 17, 2026Eastern Platinum Limited, Annual General Meeting, Jun 17, 2026.
Recent Insider Transactions Derivative • Feb 24CFO & Corporate Secretary exercised options to buy CA$99k worth of stock.On the 19th of February, Wylie Hui exercised options to buy 150k shares at a strike price of around CA$0.34, costing a total of CA$51k. Wylie now holds 150.00k shares directly in their own name. Company insiders have collectively sold CA$50k more than they bought, via options and on-market transactions in the last 12 months.
New Risk • Jan 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 26% per year over the past 5 years. Minor Risk Significant insider selling over the past 3 months (CA$134k sold).
Recent Insider Transactions • Apr 26CFO & Corporate Secretary recently sold CA$76k worth of stockOn the 23rd of April, Wylie Hui sold around 162k shares on-market at roughly CA$0.47 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Wylie has been a net seller over the last 12 months, reducing personal holdings by CA$74k.
Recent Insider Transactions • Apr 20CFO & Corporate Secretary recently bought CA$90k worth of stockOn the 15th of April, Wylie Hui bought around 200k shares on-market at roughly CA$0.45 per share. This transaction increased Wylie's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wylie has been a buyer over the last 12 months, purchasing a net total of CA$61k worth in shares.
Reported Earnings • Apr 04Full year 2025 earnings released: US$0.091 loss per share (vs US$0.063 loss in FY 2024)Full year 2025 results: US$0.091 loss per share (further deteriorated from US$0.063 loss in FY 2024). Revenue: US$61.6m (down 1.5% from FY 2024). Net loss: US$18.4m (loss widened 44% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 143 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 01Eastern Platinum Limited, Annual General Meeting, Jun 17, 2026Eastern Platinum Limited, Annual General Meeting, Jun 17, 2026.
Recent Insider Transactions Derivative • Feb 24CFO & Corporate Secretary exercised options to buy CA$99k worth of stock.On the 19th of February, Wylie Hui exercised options to buy 150k shares at a strike price of around CA$0.34, costing a total of CA$51k. Wylie now holds 150.00k shares directly in their own name. Company insiders have collectively sold CA$50k more than they bought, via options and on-market transactions in the last 12 months.
New Risk • Jan 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 26% per year over the past 5 years. Minor Risk Significant insider selling over the past 3 months (CA$134k sold).
分析記事 • Jan 21Eastern Platinum Limited (TSE:ELR) Held Back By Insufficient Growth Even After Shares Climb 47%Eastern Platinum Limited ( TSE:ELR ) shares have continued their recent momentum with a 47% gain in the last month...
New Risk • Jan 15New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$55k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Significant insider selling over the past 3 months (CA$55k sold). Market cap is less than US$100m (CA$97.7m market cap, or US$70.3m).
分析記事 • Jan 13Is Eastern Platinum (TSE:ELR) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Recent Insider Transactions • Dec 29Independent Director recently bought CA$10.0k worth of stockOn the 22nd of December, Lisa Ng bought around 100k shares on-market at roughly CA$0.10 per share. This trade did not impact their existing holding. In the last 3 months, they made an even bigger purchase worth CA$10.0k. Despite this recent purchase, insiders have collectively sold CA$86k more in shares than they bought in the last 12 months.
分析記事 • Dec 06Eastern Platinum Limited's (TSE:ELR) Price Is Right But Growth Is Lacking After Shares Rocket 30%Eastern Platinum Limited ( TSE:ELR ) shareholders would be excited to see that the share price has had a great month...
Reported Earnings • Nov 16Third quarter 2025 earnings released: US$0.011 loss per share (vs US$0.017 loss in 3Q 2024)Third quarter 2025 results: US$0.011 loss per share (improved from US$0.017 loss in 3Q 2024). Revenue: US$13.7m (up 25% from 3Q 2024). Net loss: US$2.20m (loss narrowed 35% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
分析記事 • Oct 07Eastern Platinum Limited (TSE:ELR) Shares Fly 33% But Investors Aren't Buying For GrowthThe Eastern Platinum Limited ( TSE:ELR ) share price has done very well over the last month, posting an excellent gain...
分析記事 • Oct 01Health Check: How Prudently Does Eastern Platinum (TSE:ELR) Use Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Aug 16Revenues Working Against Eastern Platinum Limited's (TSE:ELR) Share Price Following 29% DiveTSX:ELR 1 Year Share Price vs Fair Value Explore Eastern Platinum's Fair Values from the Community and select yours...
New Risk • Aug 14New major risk - Revenue and earnings growthEarnings have declined by 6.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 6.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (CA$39.5m market cap, or US$28.6m).
Reported Earnings • Aug 14Second quarter 2025 earnings released: US$0.009 loss per share (vs US$0.017 profit in 2Q 2024)Second quarter 2025 results: US$0.009 loss per share (down from US$0.017 profit in 2Q 2024). Revenue: US$10.7m (down 43% from 2Q 2024). Net loss: US$1.79m (down 151% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Recent Insider Transactions • Jul 18Non-Executive Chair recently sold CA$3.9k worth of stockOn the 10th of July, Changyu Liu sold around 15k shares on-market at roughly CA$0.27 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$22k. Changyu has been a net seller over the last 12 months, reducing personal holdings by CA$36k.
分析記事 • Jun 29Improved Revenues Required Before Eastern Platinum Limited (TSE:ELR) Stock's 67% Jump Looks JustifiedEastern Platinum Limited ( TSE:ELR ) shares have continued their recent momentum with a 67% gain in the last month...
お知らせ • Jun 19Eastern Platinum Limited Appoints Eason Cong Chen as DirectorEastern Platinum Limited at its Annual General and Special of Shareholders held on June 17, 2025 announced that Eason Cong Chen was elected as director of the company.
お知らせ • Jun 18Eastern Platinum Limited Announces Resignation of Bielin Shi from the Board of Directors, Effective June 18, 2025Eastern Platinum Limited at its Annual General and Special Meeting of Shareholders held on June 17, 2025, announced that one director, Dr. Bielin Shi, had more votes withheld than were voted in their favour of their appointments to the Board. As a result, in accordance with the Company's Majority Voting Policy, Dr. Shi has tendered his resignation from the Board of Directors of the Company (the "Board"). The Board will refer such resignations to the Corporate Governance and Compensation Committee (the "Committee") for consideration on whether or not to accept the resignations submitted by Dr. Shi. In accordance with the Policy, the Board shall accept such resignation unless the Committee determines that there are exceptional circumstances relating to the composition of the Board or the voting results that should delay the acceptance of such resignation or justify rejecting such resignation. The Board of Directors of the Company (the "Board") has accepted the resignation submitted by Dr. Bielin Shi, effective June 18, 2025.
New Risk • Jun 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 24% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (24% average weekly change). Minor Risk Market cap is less than US$100m (CA$37.5m market cap, or US$27.4m).
Reported Earnings • May 15First quarter 2025 earnings released: US$0.034 loss per share (vs US$0.005 loss in 1Q 2024)First quarter 2025 results: US$0.034 loss per share (further deteriorated from US$0.005 loss in 1Q 2024). Revenue: US$14.8m (down 5.8% from 1Q 2024). Net loss: US$6.89m (loss widened US$5.97m from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 19% per year.
お知らせ • May 02Eastern Platinum Limited Announces Eason Cong Chen Joins its Board of Directors, Effective May 1, 2025Eastern Platinum Limited announced that Eason Cong Chen has joined the board of directors of the company, effective May 1, 2025. Mr. Chen is a Canadian Chartered Professional Accountant (CPA) with over 20 years of experience in accounting, finance, operations, mergers and acquisitions, and management reporting, with a strong focus on the mining industry. He served on the board and audit committee of a Canadian copper producer for over 10 years, including more than one year as Chief Financial Officer. Mr. Chen is currently a partner at a U.S. CPA firm that specializes in the audit of publicly listed companies in both Canada and the United States. His areas of expertise include IFRS and U.S. GAAP financial reporting, internal controls over financial reporting, and corporate governance. Mr. Chen brings a strong combination of technical knowledge and executive leadership to the board, with a proven track record of driving financial performance and strategic execution in the resource sector.
お知らせ • Apr 25Eastern Platinum Limited Appoints Changyu (Charlie) Liu as Non-Executive Chair, Effective from April 22, 2025Eastern Platinum Limited announced the appointment of Non-Independent Director Mr. Changyu (Charlie) Liu as Non-Executive Chair, effective from April 22, 2025. Mr. Liu succeeds George Graham Dorin, the esteemed Board Chair who passed away in March. Mr. Liu is the Chairman of Ka An Development Co. Limited ("Ka An"), a long-term shareholder of Eastplats. Mr. Liu brings over two decades of expertise in business investment and financing enterprises in China, Hong Kong, and North America. His current investments span across mining, automobile sales, banking, and shipping industries. Ka An continues to be fully committed to ensuring the successful management and operation of the Company.
お知らせ • Apr 09Eastern Platinum Limited, Annual General Meeting, Jun 17, 2025Eastern Platinum Limited, Annual General Meeting, Jun 17, 2025.
Reported Earnings • Mar 31Full year 2024 earnings released: US$0.063 loss per share (vs US$0.077 profit in FY 2023)Full year 2024 results: US$0.063 loss per share (down from US$0.077 profit in FY 2023). Revenue: US$62.5m (down 42% from FY 2023). Net loss: US$12.8m (down 193% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
お知らせ • Mar 31Eastern Platinum Limited Provides Consolidated Production Guidance for the Year 2025Eastern Platinum Limited provided consolidated production guidance for the year 2025. The Company's targets for 2025 are as follows: Ramp-up the Zandfontein underground operations - process up to 631,000 tons of underground ROM in total for the year (ongoing); Confirm capital plans to support the full re-opening of Zandfontein underground operations at the CRM from external or internal sources (ongoing); Complete the second phase of the TSF capital works program and confirm the TSF dam space for new ROM tailings (ongoing); Renovate Circuit D to high energy flotation cells for better ROM processing recovery rate to 82% or higher (ongoing).
お知らせ • Mar 28Eastern Platinum Limited Announces the Passing of George Graham Dorin, Board ChairEastern Platinum Limited announced the passing of their esteemed Board Chair, George Graham Dorin. George joined the Board on July 5, 2016, and served with unwavering dedication as Board Chair and Chair of the Corporate Governance and Compensation Committee. His over 40 years of extensive financial experience, including roles with Ernst & Whinney (now KPMG), Price Waterhouse, and the Royal Bank of Canada, brought invaluable insight and leadership to Eastplats.
New Risk • Mar 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (CA$34.4m market cap, or US$24.0m).
分析記事 • Feb 14Eastern Platinum Limited (TSE:ELR) Surges 29% Yet Its Low P/S Is No Reason For ExcitementEastern Platinum Limited ( TSE:ELR ) shares have had a really impressive month, gaining 29% after a shaky period...
New Risk • Jan 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (CA$30.4m market cap, or US$21.2m).
New Risk • Nov 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.3% Last year net profit margin: 13% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (CA$35.4m market cap, or US$25.4m).
Reported Earnings • Nov 09Third quarter 2024 earnings released: US$0.017 loss per share (vs US$0.015 profit in 3Q 2023)Third quarter 2024 results: US$0.017 loss per share (down from US$0.015 profit in 3Q 2023). Revenue: US$11.0m (down 50% from 3Q 2023). Net loss: US$3.39m (down 209% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
分析記事 • Oct 05Eastern Platinum Limited (TSE:ELR) Shares Fly 32% But Investors Aren't Buying For GrowthEastern Platinum Limited ( TSE:ELR ) shares have had a really impressive month, gaining 32% after a shaky period...
お知らせ • Oct 03Eastern Platinum Limited Announces Commissioning of PGM Processing Facility at Crocodile River Mine, South AfricaEastplats Limited announced that it has been advancing the commissioning activities of its platinum group metals ("PGM") processing plant at the Company's Crocodile River Mine ("CRM") located within the Bushveld Complex, host to approximately 80% of the world's PGM-bearing ore, in northeastern South Africa. Commissioning of the processing plant (Circuit B) is ongoing and the plant has begun processing Run-of-Mine ("ROM") UG2 ore from the Zandfontein underground operations at the CRM; A total of 75,000 tons of ROM ore was blasted up to October 1, 2024, with approximately 22,000 tons of the ROM ore processed in September. This produced a concentrate containing approximately 1,300 ounces of PGM (Pt, Pd, Rh, Ru, Ir, Au) 6E metals, which was delivered to Impala Platinum Limited ("Impala") under the existing offtake agreement between the Company's subsidiary, Barplats Mines Limited ("Barplats") and Impala. 30,000 tons of ROM ore is expected to be processed in October, producing concentrates containing 2,000 to 2,500 ounces of PGM 6E metals to be delivered to Impala. Metallurgical chrome concentrates have been produced as a by-product when the UG2 ROM ore is being processed for PGMs; Zandfontein Underground operations will produce 40,000 tons of ROM ore per month by the end of 2024, as previously guided. The next ramp up phase will increase production to 70,000 tons of ROM ore Per month by the end of 2025. Eastplats' Circuit B has a ROM ore processing capacity of 1,000,000 tons annually; and Up to 185,000 tons of underground ROM ore from Zandfontein is expected to be blasted and processed in 2024. The Company will continue to process historical tailings to recover chrome from its chrome retreatment project, at the Crocodile River Mine, but expects this to winddown in the early part of 2025. Following the conclusion of this project, Eastplats expects to complete the second phase of its tailings storage facility program to recover chrome and PGMs from tailings generated from the newly operating Zandfontein underground. By 2026, PGM revenue is expected to account for 65% or more of Eastplats' total revenue.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: US$0.017 (vs US$0.044 in 2Q 2023)Second quarter 2024 results: EPS: US$0.017 (down from US$0.044 in 2Q 2023). Revenue: US$18.8m (down 49% from 2Q 2023). Net income: US$3.48m (down 55% from 2Q 2023). Profit margin: 19% (down from 21% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
分析記事 • Jul 23It's Down 26% But Eastern Platinum Limited (TSE:ELR) Could Be Riskier Than It LooksEastern Platinum Limited ( TSE:ELR ) shares have retraced a considerable 26% in the last month, reversing a fair amount...
分析記事 • Jun 27Returns Are Gaining Momentum At Eastern Platinum (TSE:ELR)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Reported Earnings • May 05Full year 2023 earnings released: EPS: US$0.077 (vs US$0.019 loss in FY 2022)Full year 2023 results: EPS: US$0.077 (up from US$0.019 loss in FY 2022). Revenue: US$106.9m (up 115% from FY 2022). Net income: US$13.8m (up US$16.4m from FY 2022). Profit margin: 13% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
New Risk • Apr 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Shareholders have been diluted in the past year (46% increase in shares outstanding). Market cap is less than US$100m (CA$33.3m market cap, or US$24.4m).
分析記事 • Apr 23A Piece Of The Puzzle Missing From Eastern Platinum Limited's (TSE:ELR) 53% Share Price ClimbThose holding Eastern Platinum Limited ( TSE:ELR ) shares would be relieved that the share price has rebounded 53% in...
お知らせ • Apr 19Eastern Platinum Limited, Annual General Meeting, Jun 18, 2024Eastern Platinum Limited, Annual General Meeting, Jun 18, 2024.
分析記事 • Mar 09Investors Give Eastern Platinum Limited (TSE:ELR) Shares A 28% HidingEastern Platinum Limited ( TSE:ELR ) shareholders won't be pleased to see that the share price has had a very rough...
お知らせ • Mar 08Eastern Platinum Announces Initial Phase of Zandfontein Underground Is Fully OperationalEastern Platinum Limited announced that the initial phase ("soft start") of the Zandfontein underground operations at the Company's Crocodile River Mine ("CRM") is now fully operational. CRM is located within the Bushveld Complex, host to approximately 80% of the world's PGM-bearing ore, in northeastern South Africa. The Company plans to achieve a mining run rate of 40,000 tons per month by the end of 2024, with the aim of processing up to 235,000 tons of ore from underground production this year.
分析記事 • Feb 28Eastern Platinum (TSE:ELR) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
分析記事 • Jan 24Investors Holding Back On Eastern Platinum Limited (TSE:ELR)Eastern Platinum Limited's ( TSE:ELR ) price-to-sales (or "P/S") ratio of 0.3x might make it look like a buy right now...
分析記事 • Dec 16Is Eastern Platinum (TSE:ELR) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Oct 24Eastern Platinum (TSE:ELR) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Sep 16Eastern Platinum (TSE:ELR) Seems To Be Using A Lot Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: US$0.044 (vs US$0.009 in 2Q 2022)Second quarter 2023 results: EPS: US$0.044 (up from US$0.009 in 2Q 2022). Revenue: US$36.6m (up 79% from 2Q 2022). Net income: US$7.66m (up US$6.45m from 2Q 2022). Profit margin: 21% (up from 5.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.
分析記事 • Aug 11Little Excitement Around Eastern Platinum Limited's (TSE:ELR) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.2x Eastern Platinum Limited ( TSE:ELR ) is definitely a...
Reported Earnings • May 12First quarter 2023 earnings released: EPS: US$0.01 (vs US$0.022 in 1Q 2022)First quarter 2023 results: EPS: US$0.01 (down from US$0.022 in 1Q 2022). Revenue: US$22.1m (up 27% from 1Q 2022). Net income: US$1.34m (down 55% from 1Q 2022). Profit margin: 6.1% (down from 17% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
お知らせ • May 10Eastern Platinum Limited has completed a Follow-on Equity Offering in the amount of $7.048872 million.Eastern Platinum Limited has completed a Follow-on Equity Offering in the amount of $7.048872 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 64,080,653 Price\Range: $0.11 Transaction Features: Rights Offering
Reported Earnings • Mar 22Third quarter 2022 earnings released: US$0.048 loss per share (vs US$0.018 loss in 3Q 2021)Third quarter 2022 results: US$0.048 loss per share (further deteriorated from US$0.018 loss in 3Q 2021). Revenue: US$3.59m (down 77% from 3Q 2021). Net loss: US$6.60m (loss widened 163% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
分析記事 • Mar 01Eastern Platinum (TSE:ELR) Use Of Debt Could Be Considered RiskyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Nov 16Third quarter 2022 earnings released: US$0.029 loss per share (vs US$0.018 loss in 3Q 2021)Third quarter 2022 results: US$0.029 loss per share (further deteriorated from US$0.018 loss in 3Q 2021). Revenue: US$17.2m (up 8.1% from 3Q 2021). Net loss: US$4.06m (loss widened 62% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 12Third quarter 2022 earnings released: US$0.029 loss per share (vs US$0.018 loss in 3Q 2021)Third quarter 2022 results: US$0.029 loss per share (further deteriorated from US$0.018 loss in 3Q 2021). Revenue: US$17.2m (up 8.1% from 3Q 2021). Net loss: US$4.06m (loss widened 62% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
分析記事 • Nov 12Returns Are Gaining Momentum At Eastern Platinum (TSE:ELR)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
お知らせ • Oct 21Eastern Platinum Limited Announces Executive ChangesEastern Platinum Limited announces that Ms. Hannelie Hanson, Chief Operating Officer ("COO"), has resigned from the Company to pursue new career opportunities. Mr. Yang will assume the general management role in South Africa, and its tasks and responsibilities, on an interim basis. The Company announced the appointment of Mr. Haiying Wang as Vice President. Mr. Wang recently joined Eastplats to focus on the South Africa mining business. He has over 20 years of experience in international trading and logistics including 10 years of mineral investment and trading in North America. He has over 5 years of experience in operations, supply chain, and human resource management. Mr. Wang is responsible for new project development, planning, marketing and promotion, investment, and socio-economic strategy at Eastplats. He graduated from Guangdong University of Foreign Studies with a Bachelor's Degree of Economics.
分析記事 • Aug 28Is Eastern Platinum (TSE:ELR) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: US$0.009 (vs US$0.03 in 2Q 2021)Second quarter 2022 results: EPS: US$0.009 (down from US$0.03 in 2Q 2021). Revenue: US$20.5m (up 2.5% from 2Q 2021). Net income: US$1.21m (down 71% from 2Q 2021). Profit margin: 5.9% (down from 21% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 04Eastern Platinum Limited Promotes Hannelie Hanson to Chief Operating OfficerEastern Platinum Limited announced the promotion of Hannelie Hanson to Chief Operating Officer ("COO") from General Manager, South Africa Operations of the Company. Ms. Hanson has over 24 years of experience in mining as a technical specialist and a strategic leader. She heads up the operations and projects in South Africa and drives proper planning, accountability, optimization & innovation, communication, and development of people while executing the expansion plans at Eastplats, including the restart of Zandfontein underground operations. Ms. Hanson graduated from Stellenbosch University with a BSc (Hons) in Geology in 1998, and also holds an MEng degree in Mining Engineering from Wits and an MBA at the University of Cape Town. Her career in mining started at Lorraine Gold Mine in the Free State, and she was the custodian of Mine Technical Services departments at two mines. Prior to joining Eastplats in 2012, Ms. Hanson held the position of Senior Manager (Technical Services) for six years with Lonmin, having started there as a graduate geologist in 1999 and being promoted into projects and planning before heading up the Technical Services department.
Board Change • Jul 31High number of new directorsDirector Lisa Ng was the last director to join the board, commencing their role in 2022.
分析記事 • Jul 06Returns Are Gaining Momentum At Eastern Platinum (TSE:ELR)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
お知らせ • Jun 30+ 1 more updateEastern Platinum Limited Appoints Wanjin Yang as Chief Executive OfficerBoard of Directors Eastern Platinum Limited announced that it has appointed Mr. Wanjin Yang as the Company's Chief Executive Officer, effective immediately. Mr. Yang is a senior exploration geologist with over 30 years' of experience in major mineral exploration projects, corporate management, and corporate development. He previously was the Project Geologist at Whitehorse Gold Corp. working on its mineral exploration projects, new project acquisitions, and other corporate development work. Mr. Yang replaces Ms. Diana Hu, who has left the Company to pursue other endeavors.
お知らせ • Jun 24Eastern Platinum Limited Announces Board ChangesEastern Platinum Limited announced the Board of Directors of the Company has accepted the respective resignations submitted by Diana Hu and Michael Cosic, effective June 22, 2022, in accordance with the Company's Majority Voting Policy (the "Policy"). The Company announced the appointments of Mr. Changyu (Charlie) Liu and Ms. Lisa Ng to the Board, to fill the vacancies left by Ms. Hu and Mr. Cosic. Mr. Liu is the Chairman of Ka An Development Co. Limited ("Ka An"), a long-term shareholder of Eastplats. Mr. Liu's career has been focused on business investments and international trade in China, Hong Kong, and North America. After completing his studies in accounting at Tianjin University of Finance and Economics in 1994, Mr. Liu started his career in the automobile sales and distribution sector. He was an early partner and investor in renowned technology companies. A decade ago, Mr. Liubegan following the global mining industry. His current investments span across mining, automobile sales, banking, and shipping industries. Mr. Liu brings over two decades of expertise in business investment and financing enterprises. Ka An continues to be fully committed to ensuring the successful management and operation of the Company. Ms. Ng is an accomplished CPA (Chartered Professional Accountant) with an extensive financialmanagement background, including with several publicly traded mining companies. She has over 25 years of experience in mining, information technology, biotech, insurance, in a wide range of business sectors including the financial operations of multi-million dollar companies.
お知らせ • May 21Eastern Platinum Files Updated Technical Report on the Crocodile River MineEastern Platinum Limited announced that it has filed the "NI 43-101 Technical Report on the Crocodile River Mine ("CRM"), North West Province, South Africa" (the "Report") dated January 1, 2022 on SEDAR. The CRM is a platinum group metal ("PGM") mine located 70 km north-northwest of Johannesburg in the North West Province and 7 km south of the town of Brits and situated on the western limb of the Bushveld Igneous Complex in an area of known structural complexity, the Brits Graben. The current mine lease area includes one operating mining section (the "Zandfontein Section") and two development sections (the "Crocette Section" and the "Kareespruit Section", respectively). The Report has been updated, in preparation of the re-start of underground mining at the Zandfontein Section of CRM which was placed under care and maintenance in 2013. The resources and reserves updates of the Report apply to each of the Zandfontein Section, the Crocette Section and the Kareespruit Section. In connection with the filings, the Company is pleased to provide a statement of the current resources and reserves supported by the Report. Capitalized terms used and not otherwise defined in this news release have the meaning ascribed to them by The Canadian Institute of Mining, Metallurgy and Petroleum. Zandfontein underground (the project) M&I resource is 28Mt with 3.96Moz and a reserve of 14.58Mt with 1.72Moz for the current project plan of 22 years. The resources are effective as of January 1, 2022. presents the Measured and Indicated Mineral Resource for underground: The individual Pt, Pd, Rh and Au values are based on the prill split derived from the composited individual channel grades of the drillholes. The Mineral Reserve estimation includes only diluted Measured and Indicated Mineral Resources which have been converted to Proved and Probable Mineral Reserves. A portion of Inferred Mineral Resources are included in the LoM plan, as it is required to mine through Inferred portions to access Measured and Indicated Mineral Resources. These Inferred Mineral Resources have, however, been excluded in the Mineral Reserve estimation and in the economic analysis. No Inferred Mineral Resources have been included in the Mineral Reserve estimation. The Mineral Reserve estimation was completed using a 4E basket price of USD1,825/oz and exchange rate of 15.53 ZAR/USD. An uneconomical tail of 133.34 kt at a 4E grade of 3.51 g/t, containing 15.06 koz has been excluded from the Mineral Reserve estimate. The Mineral Reserves are reported as total Mineral Reserves and are not attributed.
Reported Earnings • May 13First quarter 2022 earnings released: EPS: US$0.022 (vs US$0.007 loss in 1Q 2021)First quarter 2022 results: EPS: US$0.022 (up from US$0.007 loss in 1Q 2021). Revenue: US$17.4m (up 4.3% from 1Q 2021). Net income: US$3.01m (up US$3.87m from 1Q 2021). Profit margin: 17% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
分析記事 • Apr 29Is Eastern Platinum (TSE:ELR) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Alex Guan was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 13Eastern Platinum Limited, Annual General Meeting, Jun 21, 2022Eastern Platinum Limited, Annual General Meeting, Jun 21, 2022.
分析記事 • Dec 02Is Eastern Platinum (TSE:ELR) Using Debt Sensibly?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Nov 12Third quarter 2021 earnings released: US$0.018 loss per share (vs US$0.002 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: US$15.9m (down 5.5% from 3Q 2020). Net loss: US$2.51m (down US$2.68m from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 19Statutory Earnings May Not Be The Best Way To Understand Eastern Platinum's (TSE:ELR) True PositionEven though Eastern Platinum Limited ( TSE:ELR ) posted strong earnings recently, the stock hasn't reacted in a large...
Reported Earnings • Aug 14Second quarter 2021 earnings released: EPS US$0.03 (vs US$0.032 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$20.0m (up 115% from 2Q 2020). Net income: US$4.14m (up US$7.15m from 2Q 2020). Profit margin: 21% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 22Eastern Platinum Limited Announces Settlement of Legal DisputesEastern Platinum Limited announced that it, along with Eastplats Acquisition Co. Ltd. and Eastern Platinum Holdings Limited, has agreed with the defendants and certain other parties to settle and dismiss the outstanding lawsuits filed in the British Columbia Supreme Court Action No. S-186503 and Action No. S-179666 and to settle certain related disputes. Details concerning these lawsuits were previously described in the Company's press releases and corporate filings. The settlements of the filed lawsuits provide for an amount of CAD 4,000,000 in cash to be paid to the Company. The terms of the settlements are confidential and no party to them has admitted any wrongdoing or liability.
分析記事 • Jun 09Is Eastern Platinum (TSE:ELR) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
お知らせ • Jun 01Eastern Platinum Succeeds in Upholding Appeals Court Decision as Supreme Court of Canada Refuses to Hear AppealEastern Platinum Limited announced that the Supreme Court of Canada has declined to hear the appeal sought by 2538520 Ontario Limited (253) of the decision rendered by the British Columbia Court of Appeal upholding the lower court's decision denying 253's application for leave to commence a derivative action against certain of Eastplat's current and former directors and officers in relation to the agreements entered into with Union Goal Offshore Solution Limited ("Union Goal") underlying Eastplat's Retreatment Project (For further information, see press releases of August 29, 2019 and November 17, 2020). The Company will be seeking recovery from 253 of the costs incurred in responding to 253's unsuccessful petition and appeals.
Reported Earnings • May 16First quarter 2021 earnings released: US$0.007 loss per share (vs US$0.088 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$16.7m (up 18% from 1Q 2020). Net loss: US$865.0k (loss narrowed 89% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • May 12Eastern Platinum Limited Provides Provides Pgm Production and Underground Mine Design UpdatesEastern Platinum Limited reported the Company has dispatched 199.8 dry tons of platinum group metal ("PGM") concentrates containing 490.9 oz of PGMs under the offtake agreement with Impala Platinum Limited, within the production month of April 2021. This marks the first full month of PGM production following the recent completion of the reconfiguration and optimization of the small-scale PGM circuit (previously the scavenger plant circuit) ("Circuit D"). The Company completed the process upgrades to ensure a consistent production of a minimum of 200 tons of PGM concentrates per month from Circuit D. All concentrates produced reached the satisfactory quality requirements under the offtake agreement. The Company has also commissioned a life of mine design and schedule on the Zandfontein vertical shaft as the first step in evaluating and planning the restart of underground mining at Crocodile River Mine. The work is expected to be completed in the third quarter of 2021.
Reported Earnings • Mar 27Full year 2020 earnings released: US$0.082 loss per share (vs US$0.001 profit in FY 2019)The company reported a mediocre full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$56.1m (up 43% from FY 2019). Net loss: US$7.97m (down US$8.08m from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Mar 16Eastern Platinum Limited Signs Updated Retreatment Project AgreementsEastern Platinum Limited announced the Board of Directors of the Company approved and the Company executed updated Retreatment Project Agreements. The Company, its subsidiary Barplats Mines (Pty) Limited ("Barplats") and Union Goal Offshore Solution Limited ("Union Goal") signed the original agreements in 2018. Operations at the Crocodile River Mine include re-mining and processing its tailings resource, with an offtake of the chrome concentrate to Union Goal from the Barplats Zandfontein UG2 tailings facility (the "Retreatment Project") and the processing and extraction of platinum group metals ("PGM"). The Company recently reported a review of the Retreatment Project operations for 2019 and 2020. This review highlighted the excellent operating results achieved. The updated Retreatment Project Agreements capitalize on two years of operating knowledge and Eastplats continued commitment to the long- term benefits of the Retreatant Project. The Company and Barplats maintain the put option and Union Goal retains the call option for the re-purchase of the Retreatment Project equipment and loan in the event that both parties cannot agree on the pricing for the entire circuit once assessment is complete.
お知らせ • Mar 05Eastern Platinum Limited Provides the Retreatment Project Operations Technical Summary for 2019 and 2020Eastern Platinum Limited provided the Retreatment Project operations technical summary for 2019 and 2020. The Retreatment Project is operated by the Company's subsidiary, Barplats Mines (Pty) Ltd. at its Crocodile River Mine property in South Africa. The Retreatment Project is a proprietary operation in South Africa producing chrome concentrates. It includes a combined hydro and mechanical re-mining method, magnetic separation applied to produce chrome concentrates, thus obtaining superior yield result compared to traditional gravity technology. The Retreatment Project is the only large-scale magnetic separation application in South Africa. Since 2017 Barplats has grown from 100 employees to over 350 contractors and employees engaged in supporting the Retreatment Project. The current Retreatment Project is expected to continue operating into 2024. Availability of the Retreatment Project as a 24-hour continuous operation (including chrome recovery plant, deposition and remining on the tailings dam) including planned maintenance has improved significantly from 76.43% in 2019 to 85.71% in 2020. The two years of successfully operating the Retreatment Project has laid the ground work to acquire the technical knowledge, confirm the upgrade required in the feed as well as establish the financial resources required to restart the PGM operations. Eastplats is currently reconfiguring and optimizing the small-scale PGM circuit which also includes funding for some of the initial work required to restart the main PGM plant circuit and the Company estimates the work to be completed before March 12, 2021. The extraction of PGMs will generate additional revenue sources and create new employment opportunities. Barplats has entered into an agreement with Advanced Beneficiation Technologies Proprietary Limited of South Africa to complete an independent feasibility study for the development and construction of a new modular plant with a capacity to process the PGMs from the tailings redeposited from the Retreatment Project at a designated area of the Zandfontein Tailings Dam at an expected rate of 50,000 tons per month. The Circuit H Project is being pursued to provide the opportunity to remine the tailings already deposited from the beginning of the Retreatment Project and extract additional value from PGMs. The Feasibility Study is in its final stages and the results are expected by the end of March 2021. The process was delayed by COVID-19 related impacts, particularly as it relates to the assay labs.
分析記事 • Feb 24Would Shareholders Who Purchased Eastern Platinum's (TSE:ELR) Stock Five Years Be Happy With The Share price Today?Over the last month the Eastern Platinum Limited ( TSE:ELR ) has been much stronger than before, rebounding by 33%. But...
お知らせ • Jan 29Eastern Platinum Limited announced that it has received CAD 0.073 million in fundingEastern Platinum Limited (TSX:ELR) announced a private placement of 730,000 common shares at a price of CAD 0.10 per share for gross proceeds of CAD 73,000 on January 28, 2021. The securities issued are subject to a hold period of four months and one day from the date of closing.
Is New 90 Day High Low • Jan 27New 90-day low: CA$0.32The company is down 16% from its price of CA$0.38 on 28 October 2020. The Canadian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 1.0% over the same period.
お知らせ • Jan 26Eastern Platinum Limited has completed a Follow-on Equity Offering in the amount of CAD 11.789357 million.Eastern Platinum Limited has completed a Follow-on Equity Offering in the amount of CAD 11.789357 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 36,841,741 Price\Range: CAD 0.32 Transaction Features: Rights Offering
Is New 90 Day High Low • Jan 09New 90-day low: CA$0.35The company is down 9.0% from its price of CA$0.39 on 09 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 1.0% over the same period.
お知らせ • Jan 03Eastern Platinum Limited Receives Petition Seeking Leave to Commence A Derivative ActionEastern Platinum Limited announced that it has received a petition filed with the Supreme Court of British Columbia, by Xiaoling Ren, a shareholder of the Company, seeking leave from the court to commence a derivative action on behalf of the Company against certain of its current and former directors. Ms. Ren is represented by the same law firm who filed a similar petition in November 2018 that was dismissed by the Supreme Court of British Columbia in a decision affirmed by the Court of Appeal for British Columbia.
Is New 90 Day High Low • Dec 08New 90-day high: CA$0.48The company is up 13% from its price of CA$0.42 on 08 September 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 8.0% over the same period.
お知らせ • Nov 18Court Dismisses the Appeal of Petition Seeking Leave to Commence A Derivative Action Against Directors of Eastern Platinum LimitedEastern Platinum Limited announced that it has received the written reasons for judgment of the Court of Appeal for British Columbia dismissing the appeal of the petition filed by 2538520 Ontario Limited, seeking leave to commence a derivative action against certain of its current and former directors in relation to the transactions between the Company and Union Goal Offshore Solutions Limited.
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS US$0.002The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$16.8m (up 49% from 3Q 2019). Net income: US$172.0k (up US$2.93m from 3Q 2019). Profit margin: 1.0% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 17Eastern Platinum Limited Temporarily Ceases Chrome Concentrate Production in South Africa Due to Coronavirus and Additional Testing and CleaningEastern Platinum Limited reported that the chrome concentrate operation at Crocodile River Mine located in South Africa was temporarily halted on the weekend as a result of a confirmed case of COVID-19 and some precautionary steps the Company is taking, including personnel self-isolation and full scale deep cleaning of CRM. To ensure the safety and health of the staff, the Company is instituting a full baseline testing of staff and contractors for COVID-19. The Company has prepared and is undertaking additional training and education, and targets chrome concentrate production to restart not later than Saturday June 20, 2020. The effects of the COVID-19 are changing rapidly and the consequences of the temporary shutdown of CRM are expected to be minimal, however if it is extended the effects cannot be reasonably estimated at this time but could have material adverse effects on the Company's business and cashflows.
