Sylvania Platinum (GB:SLP) has released an update.
Sylvania Platinum Limited reported a strong first quarter for FY2025, with a 12% increase in PGM production and a 6% rise in net revenue compared to the previous quarter. The company’s EBITDA improved by 16%, reflecting enhanced production efficiency and cost management. Despite a slight decline in PGM prices, Sylvania’s strategic initiatives, including the ongoing development of the Thaba Joint Venture, bode well for future profitability.
For further insights into GB:SLP stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
