Platinum Group Metals Ltd (AMEX:PLG) traded at $1.20 at close of the session on Friday, March 28 and made a downward move of -7.69% on its previous day’s price.
Looking at the stock we see that its previous close was $1.30 and the beta (5Y monthly) reads 1.88 with the day’s price range being $1.1701 – $1.31. In terms of its 52-week price range, PLG has a high of $2.27 and a low of $1.06. The company’s stock has gained about 3.45% over that past 30 days.
Platinum Group Metals Ltd has a market cap of $123.28 million and is expected to release its quarterly earnings report on 2023-Dec-13.
On the other hand, looking at the outlook for the PLG stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Looking further, we note the current price level is -3.77% off its SMA20 and -6.18% from its 50-day simple moving average. The RSI (14) is pointing at 43.23 while the volatility over the past week is 6.51% and jumps to 6.71% over the past one month. The beta value is 1.66, while the average true range (ATR) is currently pointing at 0.09.
Coming back to Platinum Group Metals Ltd (AMEX:PLG), we note that the average 3-month trading volume was 448.12K, while that of the preceding 10-day period stands at 0.49 million. Current shares outstanding are 102.69 million.
The insiders hold 26.57% of the company’s shares while institutions hold 25.46%. The data shows that short shares as of 2025-03-14, stood at 2.3 million at a short ratio of 4.18. This represents a 319.00 short interest in shares outstanding on 2025-03-14. Shares short rose in March from the previous month at 1.63 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -6.25% down in year-to-date price movement.
