Shares of Platinum Group Metals Ltd. (TSE:PTM - Get Free Report) NYSE: PLG reached a new 52-week low during trading on Friday . The company traded as low as C$1.39 and last traded at C$1.45, with a volume of 64627 shares. The stock had previously closed at C$1.60.
Platinum Group Metals Price Performance
The company has a 50 day simple moving average of C$1.80 and a 200 day simple moving average of C$2.01. The company has a market capitalization of C$117.86 million, a price-to-earnings ratio of -24.07 and a beta of 1.87. The company has a quick ratio of 11.34, a current ratio of 2.66 and a debt-to-equity ratio of 0.99.
Insider Buying and Selling
In related news, Director Frank Hallam sold 28,000 shares of the business's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of C$1.82, for a total value of C$50,960.00. In the last three months, insiders sold 39,423 shares of company stock valued at $71,862. Company insiders own 26.47% of the company's stock.
Platinum Group Metals Company Profile
(
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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 Bushveld Igneous Complex, South Africa.
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