Platinum Group Metals (TSE:PTM) Stock Crosses Below Two Hundred Day Moving Average of $2.15

Platinum Group Metals Ltd. (TSE:PTM – Get Rating) (NYSE:PLG) passed below its 200-day moving average during trading on Thursday . The stock has a 200-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 traded.

Platinum Group Metals Stock Performance

The firm has a market cap of C$193.41 million, a price-to-earnings ratio of -27.57 and a beta of 1.42. The firm’s 50 day moving average price is C$2.09 and its 200-day moving average price is C$2.15. The company has a debt-to-equity ratio of 0.04, a current ratio of 11.90 and a quick ratio of 11.34.

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