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Eastern Platinum Faces Revenue and Income Dip

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Eastern Platinum Faces Revenue and Income Dip

Eastern Platinum (TSE:ELR) has released an update.

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Eastern Platinum Limited has reported a significant decrease in revenue and mine operating income for the second quarter and the first half of 2024, with net income also falling due to lower chrome sales. Despite these challenges, the company maintains a working capital deficit of $17.0 million and cash resources amounting to $17.4 million.

For further insights into TSE:ELR stock, check out TipRanks’ Stock Analysis page.

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