Platinum Group Metals (TSE:PTM) Stock Price Passes Below 200-Day Moving Average of $1.96

Platinum Group Metals Ltd. (TSE:PTMGet Free Report) (NYSE:PLG) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.96 and traded as low as C$1.75. Platinum Group Metals shares last traded at C$1.75, with a volume of 22,430 shares traded.

Platinum Group Metals Stock Down 7.4 %

The company has a quick ratio of 11.34, a current ratio of 21.11 and a debt-to-equity ratio of 0.78. The firm has a 50 day simple moving average of C$2.16 and a 200-day simple moving average of C$1.96. The stock has a market cap of C$179.34 million, a P/E ratio of -21.88 and a beta of 1.84.

Platinum Group Metals (TSE:PTMGet Free Report) (NYSE:PLG) last released its quarterly earnings data on Thursday, July 11th. The company reported C($0.03) EPS for the quarter. On average, equities research analysts forecast that Platinum Group Metals Ltd. will post -0.09 earnings per share for the current fiscal year.

About Platinum Group Metals

(Get Free Report)

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 Bushveld Igneous Complex, South Africa.

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