Platinum Group Metals (PTM) Trading Down 5.2%

Platinum Group Metals Limited (TSE:PTM) (NYSE:PLG)’s share price was down 5.2% during mid-day trading on Monday . The stock traded as low as C$0.53 and last traded at C$0.55. Approximately 87,900 shares changed hands during trading, a decline of 63% from the average daily volume of 239,747 shares. The stock had previously closed at C$0.58.

The stock has a market capitalization of $84.51, a PE ratio of -0.12 and a beta of 2.50.

Platinum Group Metals (TSE:PTM) (NYSE:PLG) last released its quarterly earnings data on Thursday, January 11th. The company reported C($0.05) EPS for the quarter.

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Platinum Group Metals Company Profile

Platinum Group Metals Ltd. is an exploration- and development-stage Company. The Company is focused on exploration and development of platinum. The Company conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa and in Canada. Its business is focused on production ramp up at the Maseve Mine, and the exploration and initial engineering on the Waterberg platinum deposit, which includes the Waterberg Joint Venture Project (the Waterberg JV Project) and the adjoining Waterberg Extension Project.

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