Platinum Group Metals (TSE:PTM) Sets New 52-Week Low – Time to Sell?

Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG)’s share price reached a new 52-week low during trading on Monday. The stock traded as low as C$1.42 and last traded at C$1.48, with a volume of 32,005 shares. The stock had previously closed at C$1.48.

Platinum Group Metals Price Performance

The business has a 50 day moving average price of C$1.90 and a two-hundred day moving average price of C$2.43. The stock has a market cap of C$194.39 million, a PE ratio of -50.67 and a beta of 2.75. The company has a debt-to-equity ratio of 0.21, a quick ratio of 11.34 and a current ratio of 58.49.

Platinum Group Metals Company Profile

(Get Free Report)

Platinum Group Metals Ltd. is the operator of the Waterberg Project, a bulk underground PGM and base metal deposit located in South Africa. The Waterberg Project was discovered by Platinum Group and is being jointly developed with Mnombo, HJM and Implats.

Further Reading

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