Platinum Group Metals (TSE:PTM) Shares Pass Below 200 Day Moving Average of $2.15

Platinum Group Metals Ltd. (TSE:PTM – Get Rating) (NYSE:PLG) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.15 and traded as low as C$1.93. Platinum Group Metals shares last traded at C$1.93, with a volume of 13,296 shares changing hands.

Platinum Group Metals Trading Down 4.9 %

The firm has a market capitalization of C$193.41 million, a PE ratio of -27.57 and a beta of 1.42. The company has a quick ratio of 11.34, a current ratio of 11.90 and a debt-to-equity ratio of 0.04. The stock’s fifty day simple moving average is C$2.09 and its 200 day simple moving average is C$2.15.

Platinum Group Metals (TSE:PTM – Get Rating) (NYSE:PLG) last released its quarterly earnings results on Wednesday, April 12th. The company reported C($0.01) earnings per share for the quarter. On average, sell-side analysts predict that Platinum Group Metals Ltd. will post -0.09 earnings per share for the current year.

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.