Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Platinum Group Metals Ltd’s stock clocked out at $1.71, up 2.40% from its previous closing price of $1.67. In other words, the price has increased by $2.40 from its previous closing price. On the day, 2.05 million shares were traded.
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 2.62 and its Current Ratio is at 2.62. 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.
Stock Price History:
Over the past 52 weeks, PLG has reached a high of $2.27, while it has fallen to a 52-week low of $0.99. The 50-Day Moving Average of the stock is 32.11%, while the 200-Day Moving Average is calculated to be 22.62%.
Shares Statistics:
A total of 103.58M shares are outstanding, with a floating share count of 76.46M. Insiders hold about 27.32% of the company’s shares, while institutions hold 24.97% stake in the company.
