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)’s stock price hit a new 52-week low during mid-day trading 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 trading hands. The stock had previously closed at C$1.57.

Platinum Group Metals Stock Up 4.5%

The company has a market capitalization of C$209.73 million, a P/E ratio of -54.67 and a beta of 2.75. The company has a debt-to-equity ratio of 0.21, a quick ratio of 11.34 and a current ratio of 58.49. The stock has a 50 day moving average price of C$1.97 and a 200 day moving average price of C$2.10.

About Platinum Group Metals

(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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