Platinum Group Metals (TSE:PTM) Hits New 1-Year Low – Here’s What Happened

Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG) shares reached a new 52-week low on Tuesday. The company traded as low as C$1.55 and last traded at C$1.61, with a volume of 46,138 shares changing hands. The stock had previously closed at C$1.57.

Platinum Group Metals Trading Up 4.5%

The firm has a market capitalization of C$209.73 million, a PE ratio of -54.67 and a beta of 2.75. The firm’s fifty day moving average is C$1.97 and its two-hundred day moving average is C$2.10. The company has a debt-to-equity ratio of 0.21, a current ratio of 58.49 and a quick ratio of 11.34.

Platinum Group Metals Company Profile

(Get Free Report)

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.

Further Reading

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