Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.49 and traded as high as C$1.90. Platinum Group Metals shares last traded at C$1.87, with a volume of 59,334 shares trading hands.
Platinum Group Metals Stock Performance
The company has a market cap of C$191.64 million, a P/E ratio of -23.38 and a beta of 1.75. The company has a quick ratio of 11.34, a current ratio of 11.37 and a debt-to-equity ratio of 0.86. The stock’s 50-day moving average price is C$1.55 and its 200 day moving average price is C$1.49.
About Platinum Group Metals
Platinum Group Metals Ltd. engages in the exploration and development of platinum and palladium properties. It explores for palladium, platinum, gold, copper, nickel, and rhodium deposits. The company holds 50.02% interest in the Waterberg project located on the Northern Limb of the Bushveld Igneous Complex, South Africa.
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