Clear path to new ATHs for LON:SLP
Market cap: £336m
Cash on balance sheet: 102.1m
Net profit in Jan-Mar 2021 quarter: 43.1m
You can quickly see how undervalued this company is, essentially running with a 1.5-2 price-to-earnings ratio so long as PGM prices don't fall significantly.
Price action also extremely bullish. Chart seems to indicate clear route to the 140s.
Cash on balance sheet: 102.1m
Net profit in Jan-Mar 2021 quarter: 43.1m
You can quickly see how undervalued this company is, essentially running with a 1.5-2 price-to-earnings ratio so long as PGM prices don't fall significantly.
Price action also extremely bullish. Chart seems to indicate clear route to the 140s.
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