Platinum Group Metals (TSE:PTM) Share Price Passes Below 200 Day Moving Average of $2.25

Platinum Group Metals Ltd. (TSE:PTMGet Rating) (NYSE:PLG)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.25 and traded as low as C$1.89. Platinum Group Metals shares last traded at C$2.05, with a volume of 41,493 shares traded.

Platinum Group Metals Trading Up 6.8 %

The business’s fifty day simple moving average is C$1.99 and its 200 day simple moving average is C$2.25. The company has a current ratio of 18.62, a quick ratio of 18.45 and a debt-to-equity ratio of 0.12. The stock has a market cap of C$202.54 million and a P/E ratio of -9.81.

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 Western Bushveld complex, South Africa.

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