Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG)’s stock price passed 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 changing hands.
Platinum Group Metals Stock Down 19.0%
The company’s fifty day simple moving average is C$3.64 and its 200 day simple moving average is C$3.05. The company has a current ratio of 2.66, a quick ratio of 11.34 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of C$446.73 million, a P/E ratio of -90.50 and a beta of 1.97.
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.
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