Platinum Group Metals (TSE:PTM) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG)’s stock price crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of C$2.17 and traded as low as C$1.78. Platinum Group Metals shares last traded at C$1.83, with a volume of 104,246 shares traded.

Platinum Group Metals Stock Performance

The company has a current ratio of 58.49, a quick ratio of 11.34 and a debt-to-equity ratio of 0.21. The stock’s 50 day moving average is C$2.01 and its 200 day moving average is C$2.16. The stock has a market capitalization of C$231.47 million, a price-to-earnings ratio of -60.33 and a beta of 2.61.

About Platinum Group Metals

(Get Free Report)

Platinum Group Metals Ltd. is the operator of the Waterberg Project, a bulk underground PGM and base metal deposit located in South Africa. The Waterberg Project was discovered by Platinum Group and is being jointly developed with Mnombo, HJM and Implats.

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