Insider Selling: Platinum Group Metals Ltd. (TSE:PTM) Director Sells 28,000 Shares of Stock

Platinum Group Metals Ltd. (TSE:PTM) (NYSE:PLG) Director Frank Hallam sold 28,000 shares of the firm’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of C$1.82, for a total value of C$50,960.00.

Platinum Group Metals Price Performance

PTM opened at C$1.90 on Wednesday. The stock has a fifty day moving average of C$1.85 and a 200-day moving average of C$2.01. The firm has a market capitalization of C$136.55 million, a P/E ratio of -27.89 and a beta of 1.87. Platinum Group Metals Ltd. has a 12-month low of C$1.44 and a 12-month high of C$3.13. The company has a quick ratio of 11.34, a current ratio of 2.66 and a debt-to-equity ratio of 0.99.

Platinum Group Metals Company Profile

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 Bushveld Igneous Complex, South Africa.