Platinum Group Metals (TSE:PTM) Shares Cross Below Two Hundred Day Moving Average of $2.18

Platinum Group Metals Ltd. (TSE:PTMGet Rating) (NYSE:PLG)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$2.18 and traded as low as C$2.18. Platinum Group Metals shares last traded at C$2.19, with a volume of 4,050 shares traded.

Platinum Group Metals Stock Performance

The firm has a market capitalization of C$214.39 million and a price-to-earnings ratio of -10.38. The company has a quick ratio of 18.45, a current ratio of 18.62 and a debt-to-equity ratio of 0.12. The stock has a 50-day moving average price of C$1.97 and a 200 day moving average price of C$2.18.

Platinum Group Metals (TSE:PTMGet Rating) (NYSE:PLG) last announced its quarterly earnings data on Wednesday, July 13th. The company reported C($0.01) EPS for the quarter. On average, analysts forecast that Platinum Group Metals Ltd. will post -0.07 EPS for the current year.

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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