Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as C$4.65 and last traded at C$4.65, with a volume of 598605 shares changing hands. The stock had previously closed at C$4.07.
Platinum Group Metals Trading Up 17.0%
The company has a debt-to-equity ratio of 0.99, a current ratio of 2.66 and a quick ratio of 11.34. The stock has a market cap of C$587.41 million, a P/E ratio of -119.00 and a beta of 1.97. The firm’s fifty day moving average price is C$3.47 and its two-hundred day moving average price is C$2.98.
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. Geographically, it operates in Canada and South Africa.
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