Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG)’s stock price reached a new 52-week low during trading on Wednesday. The stock traded as low as C$1.62 and last traded at C$1.57, with a volume of 167,264 shares traded. The stock had previously closed at C$1.77.
Platinum Group Metals Stock Down 11.3%
The company has a market cap of C$200.78 million, a price-to-earnings ratio of -52.33 and a beta of 2.75. The company has a debt-to-equity ratio of 0.21, a quick ratio of 11.34 and a current ratio of 58.49. The stock’s fifty day moving average is C$2.01 and its two-hundred day moving average is C$2.12.
About Platinum Group Metals
Platinum Group Metals Ltd. is the operator of the Waterberg Project, a bulk underground PGM and base metal deposit located in South Africa. The Waterberg Project was discovered by Platinum Group and is being jointly developed with Mnombo, HJM and Implats.
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