Platinum Group Metals (TSE:PTM) Stock Price Crosses Above 200 Day Moving Average of $4.64


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Shares of Platinum Group Metals Ltd. (TSE:PTM) (NYSE:PLG) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$4.64 and traded as high as C$5.35. Platinum Group Metals shares last traded at C$5.35, with a volume of 98,189 shares trading hands.

The company has a market cap of C$426.74 million and a price-to-earnings ratio of -28.56. The firm has a 50 day moving average price of C$5.02 and a two-hundred day moving average price of C$4.65. The company has a quick ratio of 8.77, a current ratio of 9.16 and a debt-to-equity ratio of 317.65.

Platinum Group Metals (TSE:PTM) (NYSE:PLG) last announced its earnings results on Wednesday, January 13th. The company reported C($0.05) EPS for the quarter. On average, equities analysts expect that Platinum Group Metals Ltd. will post -0.18 earnings per share for the current year.

In other Platinum Group Metals news, insider Llc Liberty Metals &Amp; Mining Holdings sold 3,328,544 shares of the stock in a transaction that occurred on Thursday, January 21st. The stock was sold at an average price of C$5.28, for a total value of C$17,574,712.32. Following the transaction, the insider now owns 7,733,275 shares in the company, valued at C$40,831,692. Also, Senior Officer Kris Begic sold 50,000 shares of the stock in a transaction that occurred on Monday, January 18th. The stock was sold at an average price of C$6.13, for a total value of C$306,500.00. Following the completion of the transaction, the insider now owns 5,000 shares in the company, valued at approximately C$30,650. In the last 90 days, insiders have sold 3,388,144 shares of company stock worth $17,940,252.

Platinum Group Metals Company Profile (TSE:PTM)

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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