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Platinum Group Metals (TSE:PTM) Stock Crosses Above Two Hundred 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 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 Price Performance

The company has a debt-to-equity ratio of 0.99, a current ratio of 2.66 and a quick ratio of 11.34. The company's 50 day moving average is C$1.86 and its 200 day moving average is C$1.86. The stock has a market cap of C$150.92 million, a price-to-earnings ratio of -30.83 and a beta of 1.87.

Platinum Group Metals Company Profile

(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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