Market Insights: Platinum Group Metals Ltd (PLG)’s Notable Drop of -2.64%, Closing at $2.58

Kevin Freeman

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, Platinum Group Metals Ltd’s stock clocked out at $2.58, down -2.64% from its previous closing price of $2.65. In other words, the price has decreased by -$2.64 from its previous closing price. On the day, 3.58 million shares were traded. PLG stock price reached its highest trading level at $2.707 during the session, while it also had its lowest trading level at $2.4335.

Ratios:

To gain a deeper understanding of PLG’s stock, we examine 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 296391936 and an Enterprise Value of 307603584.

Stock Price History:

The Beta on a monthly basis for PLG is 1.63, which has changed by 0.65384614 over the last 52 weeks, in comparison to a change of 0.16766965 over the same period for the S&P500. Over the past 52 weeks, PLG has reached a high of $2.99, while it has fallen to a 52-week low of $0.99. The 50-Day Moving Average of the stock is 47.73%, while the 200-Day Moving Average is calculated to be 77.95%.

Shares Statistics:

It appears that PLG traded 1.53M shares on average per day over the past three months and 4593310 shares per day over the past ten days. 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 1.81, 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.

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.