Platinum Group Metals Ltd. (TSE:PTM - Get Free Report) NYSE: PLG's share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$1.86 and traded as high as C$2.38. Platinum Group Metals shares last traded at C$2.26, with a volume of 54,478 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 company has a market capitalization of C$167.45 million, a price-to-earnings ratio of -34.20 and a beta of 1.87. The company has a 50-day moving average price of C$1.78 and a 200-day moving average price of C$1.86.
Insider Activity
In related news, Director Frank Hallam sold 28,000 shares of the stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of C$1.82, for a total transaction of C$50,960.00. Insiders sold 39,423 shares of company stock valued at $71,862 in the last quarter. Company insiders own 26.47% of the company's stock.
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.
See Also
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
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
