Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG) shares reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as C$1.62 and last traded at C$1.57, with a volume of 167,264 shares. The stock had previously closed at C$1.77.
Platinum Group Metals Stock Down 11.3%
The company has a current ratio of 58.49, a quick ratio of 11.34 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of C$200.78 million, a PE ratio of -52.33 and a beta of 2.75. The stock’s fifty day simple moving average is C$2.01 and its 200-day simple moving average is C$2.12.
About Platinum Group Metals
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.
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