Eastern Platinum Limited, together with its subsidiaries, engages in the mining, exploration, and development of platinum group metal (PGM) and chrome properties in South Africa. More Details
Overvalued with worrying balance sheet.
Share Price & News
How has Eastern Platinum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ELR is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ELR's weekly volatility (7%) has been stable over the past year.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: ELR underperformed the Canadian Metals and Mining industry which returned -10.1% over the past year.
Return vs Market: ELR underperformed the Canadian Market which returned 27.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Eastern Platinum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs Eastern Platinum (TSE:ELR) Weighed On By Its Debt Load?
5 months ago | Simply Wall StWould Shareholders Who Purchased Eastern Platinum's (TSE:ELR) Stock Five Years Be Happy With The Share price Today?
10 months ago | Simply Wall StWhat Can We Learn About Eastern Platinum's (TSE:ELR) CEO Compensation?
Is Eastern Platinum undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ELR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ELR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ELR is unprofitable, so we can't compare its PE Ratio to the Canadian Metals and Mining industry average.
PE vs Market: ELR is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ELR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ELR is good value based on its PB Ratio (0.3x) compared to the CA Metals and Mining industry average (2.5x).
How is Eastern Platinum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Eastern Platinum has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Eastern Platinum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELR is currently unprofitable.
Growing Profit Margin: ELR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ELR is unprofitable, but has reduced losses over the past 5 years at a rate of 38.7% per year.
Accelerating Growth: Unable to compare ELR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ELR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (214.7%).
Return on Equity
High ROE: ELR has a negative Return on Equity (-1%), as it is currently unprofitable.
How is Eastern Platinum's financial position?
Financial Position Analysis
Short Term Liabilities: ELR's short term assets ($28.1M) exceed its short term liabilities ($16.7M).
Long Term Liabilities: ELR's short term assets ($28.1M) do not cover its long term liabilities ($68.6M).
Debt to Equity History and Analysis
Debt Level: ELR's debt to equity ratio (53%) is considered high.
Reducing Debt: Insufficient data to determine if ELR's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ELR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ELR has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.9% each year.
What is Eastern Platinum current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ELR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ELR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ELR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ELR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ELR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Diana Hu (51 yo)
Ms. Diana Hu has been Chief Executive Officer and President at Eastern Platinum Limited since July 27, 2016. Ms. Hu has expertise in the global mining and metals industry. She has been a Director of Easter...
CEO Compensation Analysis
Compensation vs Market: Diana's total compensation ($USD393.45K) is above average for companies of similar size in the Canadian market ($USD165.91K).
Compensation vs Earnings: Diana's compensation has increased whilst the company is unprofitable.
Experienced Management: ELR's management team is seasoned and experienced (5 years average tenure).
Experienced Board: ELR's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 36.7%.
Eastern Platinum Limited's company bio, employee growth, exchange listings and data sources
- Name: Eastern Platinum Limited
- Ticker: ELR
- Exchange: TSX
- Founded: 1989
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: CA$42.619m
- Shares outstanding: 137.48m
- Website: https://eastplats.com
- Eastern Platinum Limited
- 1188 West Georgia Street
- Suite 1080
- British Columbia
- V6E 4A2
Eastern Platinum Limited, together with its subsidiaries, engages in the mining, exploration, and development of platinum group metal (PGM) and chrome properties in South Africa. Its PGM deposits include p...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/28 02:44|
|End of Day Share Price||2021/07/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.