Platinum Group Metals (NYSE:PLG) Raised to Sell at StockNews.com

Platinum Group Metals (NYSE:PLG – Get Rating) was upgraded by StockNews.com to a “sell” rating in a research note issued to investors on Thursday.

Shares of PLG opened at $1.35 on Thursday. Platinum Group Metals has a one year low of $1.21 and a one year high of $4.72. The stock has a market capitalization of $133.20 million, a price-to-earnings ratio of -8.44 and a beta of 1.78.

Platinum Group Metals Company Profile (Get Rating)

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 Western Bushveld complex, South Africa.

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