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eastern platinum ltd (ELR) Details

Eastern Platinum Limited, together with its subsidiaries, engages in the mining, exploration, and development of platinum group metal (PGM) and chrome properties in South Africa. Its PGM deposits include platinum, palladium, rhodium, iridium, ruthenium, and osmium. The company principally holds a 87.5% interest in the Crocodile River Mine located on the western limb and the Kennedy’s Vale project located on the eastern limb of Bushveld Complex; a 87% interest in the Mareesburg project situated on the eastern limb of the Bushveld Complex; and a 93.4% interest in the Spitzkop project located on the eastern limb of the Bushveld Complex. Eastern Platinum Limited was founded in 1989 and is headquartered in Vancouver, Canada.

Founded in 1989

eastern platinum ltd (ELR) Top Compensated Officers

President, CEO & Director
Total Annual Compensation: C$440.0K
CFO & Corporate Secretary
Total Annual Compensation: C$233.3K
Chief Operating Officer
Total Annual Compensation: C$345.0K
Compensation as of Fiscal Year 2018.
eastern platinum ltd
Eastern Platinum Limited Reports Earnings Results for the First Quarter Ended March 31, 2019

Eastern Platinum Limited announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was USD 5.350 million compared to USD 0 a year ago. Operating loss was USD 1.833 million compared to USD 2.554 million a year ago. Net loss was USD 838,000 compared to USD 694,000 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.

Eastern Platinum Limited Auditor Raises 'Going Concern' Doubt

Eastern Platinum Limited filed its Annual on Mar 26, 2019 for the period ending Dec 31, 2018. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Eastern Platinum Limited Reports Earnings Results for the Full Year Ended December 31, 2018

Eastern Platinum Limited announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was USD 414,000 compared to USD 0 a year ago. Operating loss was USD 25.741 million compared to USD 10.451 million a year ago. Net loss was USD 21.820 million compared to USD 7.367 million a year ago. Basic loss per share from continuing operations was USD 0.24 compared to USD 0.08 a year ago.

 

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TEV/Sales 9.5x
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