Shares of Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.04 and traded as high as C$3.68. Platinum Group Metals shares last traded at C$3.58, with a volume of 364,306 shares.
Platinum Group Metals Price Performance
The company has a debt-to-equity ratio of 0.99, a current ratio of 2.66 and a quick ratio of 11.34. The stock has a market capitalization of C$401.51 million, a price-to-earnings ratio of -89.50 and a beta of 0.98. The stock has a 50 day moving average price of C$2.30 and a 200-day moving average price of C$2.04.
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.
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