Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$3.05 and traded as high as C$4.15. Platinum Group Metals shares last traded at C$3.62, with a volume of 1,020,422 shares.
Platinum Group Metals Stock Performance
The company’s 50-day simple moving average is C$3.64 and its 200-day simple moving average is C$3.05. The stock has a market capitalization of C$446.73 million, a price-to-earnings ratio of -90.50 and a beta of 1.97. The company has a current ratio of 2.66, a quick ratio of 11.34 and a debt-to-equity ratio of 0.99.
About Platinum Group Metals
Platinum Group Metals Ltd is the operator of the Waterberg Project, a bulk underground PGM deposit located in South Africa. Waterberg was discovered by Platinum Group and is being jointly developed with Implats, the Japan Oil, Gas and Metals National Corporation (JOGMEC) and Hanwa Co Ltd. Waterberg has the potential to be a large-scale, low-cost producer of palladium, platinum, rhodium, and gold. Geographically, it operates in Canada and South Africa.
Further Reading
- Five stocks we like better than Platinum Group Metals
- Stock market legend warns: “An Ominous Day Is Coming for the Markets…”
- Another reason you need to own gold… [running out]
- Trump’s Final Shocking Act Begins February 24
- NEW: Gold makes history
- Deutsche Bank Just Raised Their Gold Target to $6,000
Receive News & Ratings for Platinum Group Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Platinum Group Metals and related companies with MarketBeat.com's FREE daily email newsletter.
