Platinum Group Metals Ltd (AMEX:PLG) shares, rose in value, with the stock price up by 5.26% to the previous day’s close as strong demand from buyers drove the stock to $1.6.
Actively observing the price movement in the recent trading, the stock is buoying the session at $1.52, falling within a range of $1.542 and $1.67. The value of beta (5-year monthly) is 2.107. Referring to stock’s 52-week performance, its high was $2.27, and the low was $0.99. On the whole, PLG has fluctuated by -7.51% over the past month.
With the market capitalization of Platinum Group Metals Ltd currently standing at about $168.32 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2023-Dec-14.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PLG’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of PLG currently trading nearly 3.53% and 12.38% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.12, while the 7-day volatility ratio is showing 5.41% which for the 30-day chart, stands at 6.36%. Furthermore, Platinum Group Metals Ltd (PLG)’s beta value is 1.58.
A comparison of Platinum Group Metals Ltd (PLG) with its peers suggests the former has fared considerably weaker in the market. PLG showed an intraday change of 5.26% in today’s session so far, and over the past year, it grew by 25.00%%.
Data on historical trading for Platinum Group Metals Ltd (AMEX:PLG) indicates that the trading volumes over the past 10 days have averaged 1.34 and over the past 3 months, they’ve averaged 1.12 million. According to company’s latest data on outstanding shares, there are 103.58 million shares outstanding.
Nearly 27.32% of Platinum Group Metals Ltd’s shares belong to company insiders and institutional investors own 23.76% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.91 million shares as on 2025-06-13, resulting in a short ratio of 2.11. According to the data, the short interest in Platinum Group Metals Ltd (PLG) stood at 390.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 2.68 million. The stock has fallen by -13.51% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PLG stock heading into the next quarter.
