The 36-month beta value for PLG is also noteworthy at 1.71. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for PLG is 75.21M, and at present, short sellers hold a 1.38% of that float. The average trading volume of PLG on June 19, 2024 was 483.27K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
PLG) stock’s latest price update
The stock price of Platinum Group Metals Ltd. (AMEX: PLG) has jumped by 2.35 compared to previous close of 1.70. Despite this, the company has seen a gain of 5.45% in its stock price over the last five trading days. https://www.fool.com reported 2024-05-20 that KEY POINTS American Airlines’ AAdvantage program rewards credit card spending more than rival frequent flyer programs.Loyalty Points can help you earn elite status on American Airlines.To the right traveler, earning elite status can be worth thousands of dollars. Check out our pick for the best cash back credit card of 2024 Check out our pick for the best cash back credit card of 2024 Most major airlines have one or more cobranded credit cards, and American Airlines is certainly no exception. Like most airline credit cards, they all come with airline-specific travel benefits, such as free checked bags on certain cards, credits for in-flight purchases, and more. And they all earn rewards in AAdvantage miles, which can be redeemed for free flights on American and its partners.However, American Airlines credit cards have a somewhat unique perk in that they can help cardholders earn elite status much faster than with flying alone. To be sure, American’s credit cards aren’t the only airline credit cards that can earn status, but they have the most generous status-earning structure in the industry. (function(){if (!document.body) return;var js = “window[‘__CF$cv$params’]={r:’886c937edda6abf7′,t:’MTcxNjIxMDcyMy42ODEwMDA=’};_cpo=document.createElement(‘script’);_cpo.nonce=”,_cpo.src=’/cdn-cgi/challenge-platform/scripts/jsd/main.js’,document.getElementsByTagName(‘head’)[0].appendChild(_cpo);”;var _0xh = document.createElement(‘iframe’);_0xh.height = 1;_0xh.width = 1;_0xh.style.position = ‘absolute’;_0xh.style.top = 0;_0xh.style.left = 0;_0xh.style.border = ‘none’;_0xh.style.visibility = ‘hidden’;document.body.appendChild(_0xh);function handler() {var _0xi = _0xh.contentDocument || _0xh.contentWindow.document;if (_0xi) {var _0xj = _0xi.createElement(‘script’);_0xj.innerHTML = js;_0xi.getElementsByTagName(‘head’)[0].appendChild(_0xj);}}if (document.readyState !== ‘loading’) {handler();} else if (window.addEventListener) {document.addEventListener(‘DOMContentLoaded’, handler);} else {var prev = document.onreadystatechange || function () {};document.onreadystatechange = function (e) {prev(e);if (document.readyState !== ‘loading’) {document.onreadystatechange = prev;handler();}};}})();American Airlines’ credit cards have strong rewards and benefitsSeveral different American Airlines travel credit cards are available. Some are issued by Citi and some are issued by Barclays. There are a variety of annual fees, perks, and rewards programs to choose from. Here’s the current list:Featured offer: save money while you pay off debt with one of these top-rated balance transfer credit cards Citi® / AAdvantage® Platinum Select® World Elite Mastercard® — annual fee of $99, waived for first 12 monthsCitiBusiness® / AAdvantage® Platinum Select® Mastercard® — $0 intro fee, $99 annual fee afterCiti® / AAdvantage® Executive World Elite Mastercard® — $595 annual feeAmerican Airlines AAdvantage MileUp℠ Card — No annual feeAAdvantage® Aviator® World Elite Business Mastercard® — $95 annual feeAAdvantage® Aviator® Red World Elite Mastercard — $99 annual feeAll of these travel credit cards earn American Airlines frequent flyer miles, and the cards have perks that are proportional to their respective annual fees, or lack thereof. But generally speaking, these are highly competitive travel credit card products, just based on their rewards and benefits.For example, the Citi® / AAdvantage® Platinum Select® World Elite Mastercard® provides a free checked bag on domestic American Airlines flights for you and as many as four companions traveling on the same reservation. This benefit alone can save a family of four $240 for every round trip. It also comes with preferred boarding and a $125 flight discount after you spend $20,000 or more during a year and renew the card.Other cards have similarly valuable perks and can justify their annual fees and more for many cardholders. You can read our reviews of each (where available), which are linked in the bulleted list above.One thing that differentiates American Airlines’ credit cardsOne of the biggest differences between American Airlines’ cobranded credit cards and those issued by its competing airlines is how it helps you earn elite status.American Airlines uses a system known as Loyalty Points to award elite status in its AAdvantage loyalty program. You can earn these by spending money on flights, but you can also get them for credit card spending. Every base mile you earn from any of the American Airlines credit cards gets you 1 Loyalty Point.To qualify for elite status, you’ll need to reach the following thresholds in an earning year:AAdvantage Gold: 40,000 Loyalty PointsAAdvantage Platinum: 75,000 Loyalty PointsAAdvantage Platinum Pro: 125,000 Loyalty PointsAAdvantage Executive Platinum: 200,000 Loyalty PointsThis is tremendously valuable and is a far superior status-earning benefit than other airline credit cards. For example, Delta’s SkyMiles program uses a system called Medallion Qualification Dollars, or MQDs, which like American’s program, are primarily designed to reward spending on Delta flights.You can earn MQDs with some Delta cards, but there are only two that earn any type of MQDs. The Delta SkyMiles® Platinum American Express Card ($350 annual fee, see rates and fees) is the first. And the Delta SkyMiles® Reserve American Express Card ($650 annual fee, see rates and fees) is the second. The business versions of each of these cards is also included. Lower-cost versions, such as the Delta SkyMiles® Gold American Express Card don’t earn any MQDs at all ($0 introductory annual fee for the first year, then $150. See rates and fees, terms apply). And even the Platinum card earns at a significantly lower rate than the high-dollar Reserve card.This could add thousands of dollars in valueThe point is that in addition to the value of the rewards and benefits of each American Airlines credit card, it’s important to consider the value of the elite status that it can help you earn.As an example, let’s say you earned 50,000 Loyalty Points from flying last year and spent $30,000 on your credit card, bringing your total to 80,000 Loyalty Points. According to popular travel website Upgraded Points, the AAdvantage Platinum status that this would earn is worth $2,750 per year to a traveler who takes advantage of its perks, compared to about $1,575 for Gold status. So, in a situation like this, the status difference from your credit card earnings can be worth well over $1,000 per year.Of course, every situation is different, but if an American Airlines credit card helps elevate you to the next level (or beyond) of AAdvantage status, and you take advantage of the perks, it can more than justify the annual fee all by itself, even for the most expensive card. Alert: our top-rated cash back card now has 0% intro APR until 2025This credit card is not just good – it’s so exceptional that our experts use it personally. It features a lengthy 0% intro APR period, a cash back rate of up to 5%, and all somehow for no annual fee! Click here to read our full review for free and apply in just 2 minutes.
PLG’s Market Performance
PLG’s stock has risen by 5.45% in the past week, with a monthly drop of -7.45% and a quarterly rise of 61.11%. The volatility ratio for the week is 7.26% while the volatility levels for the last 30 days are 8.66% for Platinum Group Metals Ltd. The simple moving average for the last 20 days is -0.80% for PLG’s stock, with a simple moving average of 43.60% for the last 200 days.
Analysts’ Opinion of PLG
BMO Capital Markets, on the other hand, stated in their research note that they expect to see PLG reach a price target of $1.50. The rating they have provided for PLG stocks is “Outperform” according to the report published on June 07th, 2013.
RBC Capital Mkts gave a rating of “Outperform” to PLG, setting the target price at $1.75 in the report published on January 23rd of the previous year.
PLG Trading at 13.27% from the 50-Day Moving Average
After a stumble in the market that brought PLG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.94% of loss for the given period.
Volatility was left at 8.66%, however, over the last 30 days, the volatility rate increased by 7.26%, as shares sank -9.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.78% upper at present.
During the last 5 trading sessions, PLG rose by +5.45%, which changed the moving average for the period of 200-days by +42.62% in comparison to the 20-day moving average, which settled at $1.7450. In addition, Platinum Group Metals Ltd. saw 52.63% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PLG
The total capital return value is set at -0.11. Equity return is now at value -19.16, with -10.38 for asset returns.
Based on Platinum Group Metals Ltd. (PLG), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -9.05. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -432.54.
Currently, EBITDA for the company is -5.78 million with net debt to EBITDA at 1.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 15.44.
Conclusion
In summary, Platinum Group Metals Ltd. (PLG) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
