Free Trial

Platinum Group Metals (TSE:PTM) Shares Cross Above 200 Day Moving Average - What's Next?

Platinum Group Metals logo with Basic Materials background

Shares of Platinum Group Metals Ltd. (TSE:PTM - Get Free Report) NYSE: PLG passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.86 and traded as high as C$2.16. Platinum Group Metals shares last traded at C$2.10, with a volume of 53,693 shares trading hands.

Platinum Group Metals Stock Performance

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 company has a market cap of C$135.83 million, a price-to-earnings ratio of -27.74 and a beta of 1.87. The stock has a 50 day moving average price of C$1.87 and a two-hundred day moving average price of C$1.85.

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.

Further Reading

Should You Invest $1,000 in Platinum Group Metals Right Now?

Before you consider Platinum Group Metals, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Platinum Group Metals wasn't on the list.

While Platinum Group Metals currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines