Shares of Platinum Group Metals Ltd. (TSE:PTM – Get Rating) (NYSE:PLG) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.14 and traded as low as C$1.98. Platinum Group Metals shares last traded at C$2.02, with a volume of 4,985 shares traded.
Platinum Group Metals Trading Up 1.5 %
The business's 50-day simple moving average is C$1.97 and its two-hundred day simple moving average is C$2.14. The firm has a market capitalization of C$202.42 million, a price-to-earnings ratio of -22.44 and a beta of 1.40. The company has a quick ratio of 11.34, a current ratio of 10.47 and a debt-to-equity ratio of 0.04.
Get Platinum Group Metals alerts:Platinum Group Metals (TSE:PTM – Get Rating) (NYSE:PLG) last posted its quarterly earnings data on Friday, January 13th. The company reported C($0.03) earnings per share for the quarter. Equities analysts forecast that Platinum Group Metals Ltd. will post -0.09 earnings per share for the current year.
Insider Activity
In related news, Senior Officer Kris Begic sold 13,000 shares of the company's stock in a transaction that occurred on Friday, January 13th. The shares were sold at an average price of C$2.28, for a total transaction of C$29,640.00. Following the sale, the insider now directly owns 27,000 shares in the company, valued at C$61,560. Insiders own 24.93% of the company's stock.
About Platinum Group Metals
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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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