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Platinum Group Metals (TSE:PTM) Stock Passes Above Two Hundred Day Moving Average - Here's What Happened

Platinum Group Metals logo with Basic Materials background

Platinum Group Metals Ltd. (TSE:PTM - Get Free Report) NYSE: PLG shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$1.85 and traded as high as C$2.17. Platinum Group Metals shares last traded at C$2.15, with a volume of 21,810 shares traded.

Platinum Group Metals Trading Up 2.4%

The company has a quick ratio of 11.34, a current ratio of 2.66 and a debt-to-equity ratio of 0.99. The company's fifty day simple moving average is C$1.94 and its two-hundred day simple moving average is C$1.86. The company has a market capitalization of C$154.51 million, a price-to-earnings ratio of -31.56 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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