Upward Trajectory: Platinum Group Metals Ltd (PLG) Posts a Gaine, Closing at 1.31

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The closing price of Platinum Group Metals Ltd (AMEX: PLG) was $1.31 for the day, up 0.77% from the previous closing price of $1.30. In other words, the price has increased by $0.77 from its previous closing price. On the day, 1.02 million shares were traded. PLG stock price reached its highest trading level at $1.375 during the session, while it also had its lowest trading level at $1.29.

Ratios:

Our analysis of PLG’s different ratios will help us gain a deeper understanding of the company. 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.

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 137607632 and an Enterprise Value of 159150432.

Stock Price History:

The Beta on a monthly basis for PLG is 1.60, which has changed by -0.057553947 over the last 52 weeks, in comparison to a change of 0.05279863 over the same period for the S&P500. 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 4.37%, while the 200-Day Moving Average is calculated to be -8.95%.

Shares Statistics:

PLG traded an average of 547.84K shares per day over the past three months and 921770 shares per day over the past ten days. A total of 103.58M shares are outstanding, with a floating share count of 76.70M. Insiders hold about 26.54% of the company’s shares, while institutions hold 25.88% stake in the company. Shares short for PLG as of 1743379200 were 1952986 with a Short Ratio of 3.56, compared to 1740700800 on 1864961. Therefore, it implies a Short% of Shares Outstanding of 1952986 and a Short% of Float of 2.71.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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