Shares of Platinum Group Metals Ltd. (TSE:PTM - Get Free Report) NYSE: PLG crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.87 and traded as high as C$2.04. Platinum Group Metals shares last traded at C$2.00, with a volume of 47,984 shares.
Platinum Group Metals Price Performance
The stock has a market capitalization of C$159.54 million, a PE ratio of -32.59 and a beta of 1.87. The firm's 50 day simple moving average is C$1.75 and its 200 day simple moving average is C$1.87. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.66 and a quick ratio of 11.34.
Insiders Place Their Bets
In other Platinum Group Metals news, Director Frank Hallam sold 28,000 shares of Platinum Group Metals stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of C$1.82, for a total transaction of C$50,960.00. Over the last ninety days, insiders have sold 39,423 shares of company stock valued at $71,862. 26.47% of the stock is currently owned by corporate insiders.
About Platinum Group Metals
(
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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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