Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.77 and traded as low as C$1.78. Platinum Group Metals shares last traded at C$1.83, with a volume of 37,526 shares changing hands.
Platinum Group Metals Stock Performance
The company has a debt-to-equity ratio of 0.24, a quick ratio of 11.34 and a current ratio of 26.75. The firm has a 50 day moving average price of C$2.13 and a 200-day moving average price of C$2.77. The company has a market cap of C$232.09 million, a P/E ratio of -36.60 and a beta of 2.55.
Platinum Group Metals Company Profile
Platinum Group Metals Ltd is the operator of the Waterberg Project, a bulk underground PGM deposit located in South Africa. Waterberg was discovered by Platinum Group and is being jointly developed with Implats, the Japan Oil, Gas and Metals National Corporation (JOGMEC) and Hanwa Co Ltd. Waterberg has the potential to be a large-scale, low-cost producer of palladium, platinum, rhodium, and gold. Geographically, it operates in Canada and South Africa.
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