Gregory Edward Blair Sells 7,000 Shares of Platinum Group Metals (TSE:PTM) Stock

Platinum Group Metals Ltd. (TSE:PTM) (NYSE:PLG) insider Gregory Edward Blair sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, October 9th. The shares were sold at an average price of C$4.46, for a total value of C$31,220.00. Following the completion of the sale, the insider owned 58,165 shares in the company, valued at C$259,415.90. The trade was a 10.74% decrease in their ownership of the stock.

Gregory Edward Blair also recently made the following trade(s):

• On Wednesday, October 8th, Gregory Edward Blair sold 4,344 shares of Platinum Group Metals stock. The shares were sold at an average price of C$4.52, for a total value of C$19,634.88.

Platinum Group Metals Stock Performance

Shares of PTM stock opened at C$3.69 on Friday. The business’s 50 day simple moving average is C$2.62 and its 200 day simple moving average is C$2.18. Platinum Group Metals Ltd. has a one year low of C$1.39 and a one year high of C$4.64. The stock has a market capitalization of C$413.84 million, a PE ratio of -92.25 and a beta of 1.74. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.66 and a quick ratio of 11.34.

About Platinum Group Metals

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.