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Platinum Group Metals (TSE:PTM) Shares Cross Above 200-Day Moving Average - Time to Sell?

Platinum Group Metals logo with Basic Materials background

Platinum Group Metals Ltd. (TSE:PTM - Get Free Report) NYSE: PLG's share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$1.89 and traded as high as C$2.48. Platinum Group Metals shares last traded at C$2.43, with a volume of 58,035 shares traded.

Platinum Group Metals Price Performance

The company has a debt-to-equity ratio of 0.99, a quick ratio of 11.34 and a current ratio of 2.66. The firm has a market capitalization of C$174.64 million, a P/E ratio of -35.67 and a beta of 1.87. The stock's 50 day simple moving average is C$2.07 and its 200 day simple moving average is C$1.89.

About Platinum Group Metals

(Get Free Report)

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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