Platinum Group Metals Ltd. (TSE:PTM) Director Sells C$302,066.82 in Stock


Share on StockTwits

Platinum Group Metals Ltd. (TSE:PTM) (NYSE:PLG) Director R. Michael Jones sold 45,000 shares of the stock in a transaction on Friday, April 30th. The shares were sold at an average price of C$6.71, for a total value of C$302,066.82. Following the completion of the transaction, the director now directly owns -31,802 shares of the company’s stock, valued at C($213,473.98).

TSE PTM traded down C$0.14 during mid-day trading on Tuesday, hitting C$5.99. The stock had a trading volume of 89,259 shares, compared to its average volume of 134,771. The firm’s 50 day moving average is C$5.37 and its 200 day moving average is C$4.93. Platinum Group Metals Ltd. has a twelve month low of C$1.81 and a twelve month high of C$8.00. The company has a debt-to-equity ratio of 155.58, a current ratio of 8.71 and a quick ratio of 8.45. The stock has a market capitalization of C$443.01 million and a price-to-earnings ratio of -29.08.

About Platinum Group Metals

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.

Further Reading: What is the operating income formula?

Insider Buying and Selling by Quarter for Platinum Group Metals (TSE:PTM)

Receive News & Ratings for Platinum Group Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Platinum Group Metals and related companies with MarketBeat.com's FREE daily email newsletter.