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After finishing at $2.79 in the prior trading day, Platinum Group Metals Ltd (AMEX: PLG) closed at $3.15, up 12.90%. In other words, the price has increased by $12.90 from its previous closing price. On the day, 6.62 million shares were traded. PLG stock price reached its highest trading level at $3.35 during the session, while it also had its lowest trading level at $2.95.
Ratios:
Our goal is to gain a better understanding of PLG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.82 and its Current Ratio is at 5.82. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On June 07, 2013, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $1.50.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on January 23, 2013, whereas the target price for the stock was revised from $1.50 to $1.75.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLG now has a Market Capitalization of 353281792 and an Enterprise Value of 371530784.
Stock Price History:
The Beta on a monthly basis for PLG is 1.63, which has changed by 1.0454545 over the last 52 weeks, in comparison to a change of 0.16845357 over the same period for the S&P500. Over the past 52 weeks, PLG has reached a high of $3.07, while it has fallen to a 52-week low of $0.99. The 50-Day Moving Average of the stock is 70.69%, while the 200-Day Moving Average is calculated to be 112.61%.
Shares Statistics:
The stock has traded on average 1.69M shares per day over the past 3-months and 5248960 shares per day over the last 10 days, according to various share statistics. A total of 107.98M shares are outstanding, with a floating share count of 81.51M. Insiders hold about 27.32% of the company’s shares, while institutions hold 25.01% stake in the company. Shares short for PLG as of 1757894400 were 2764947 with a Short Ratio of 1.63, compared to 1755216000 on 2691893. Therefore, it implies a Short% of Shares Outstanding of 2764947 and a Short% of Float of 3.39.
Earnings Estimates
Analysts are recommending an EPS of between -$0.04 and -$0.11 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is -$0.02, with 1.0 analysts recommending between -$0.02 and -$0.02.
