Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG) shares crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of C$2.14 and traded as low as C$1.77. Platinum Group Metals shares last traded at C$1.78, with a volume of 104,025 shares.
Platinum Group Metals Stock Up 3.9%
The stock has a market capitalization of C$236.59 million, a P/E ratio of -61.67 and a beta of 2.75. The business has a 50-day simple moving average of C$2.01 and a two-hundred day simple moving average of C$2.13. The company has a quick ratio of 11.34, a current ratio of 58.49 and a debt-to-equity ratio of 0.21.
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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