Platinum Group Metals (NYSE:PLG) Trading 0.6% Higher – Time to Buy?

Platinum Group Metals Ltd. (NYSE:PLGGet Free Report) was up 0.6% during mid-day trading on Monday . The company traded as high as $1.84 and last traded at $1.80. Approximately 467,111 shares were traded during trading, an increase of 32% from the average daily volume of 354,135 shares. The stock had previously closed at $1.79.

Platinum Group Metals Price Performance

The firm has a 50-day moving average price of $1.40 and a 200 day moving average price of $1.52. The company has a market cap of $184.46 million, a price-to-earnings ratio of -25.71 and a beta of 1.79.

Platinum Group Metals Company Profile

(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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