The stock of Platinum Group Metals Ltd (PLG) has seen a 1.56% increase in the past week, with a -2.26% drop in the past month, and a -36.59% decrease in the past quarter. The volatility ratio for the week is 5.47%, and the volatility levels for the past 30 days are at 6.15% for PLG. The simple moving average for the past 20 days is 0.54% for PLG’s stock, with a -14.73% simple moving average for the past 200 days.
Is It Worth Investing in Platinum Group Metals Ltd (AMEX: PLG) Right Now?
The 36-month beta value for PLG is at 1.77. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 1 as “sell.”
The public float for PLG is 75.45M, and currently, shorts hold a 2.28% of that float. The average trading volume for PLG on January 31, 2025 was 520.85K shares.
PLG) stock’s latest price update
The stock of Platinum Group Metals Ltd (AMEX: PLG) has increased by 7.44 when compared to last closing price of 1.21.Despite this, the company has seen a gain of 1.56% in its stock price over the last five trading days. newsfilecorp.com reported 2025-01-14 that Vancouver, British Columbia and Johannesburg, South Africa–(Newsfile Corp. – January 14, 2025) – Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) (“Platinum Group”, “PTM” or the “Company”) reports the Company’s financial results for the three month period ended November 30, 2024, and provides an update and outlook.
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 -8.94% 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 -42.73% of loss for the given period.
Volatility was left at 6.15%, however, over the last 30 days, the volatility rate increased by 5.47%, as shares surge +1.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.25% lower at present.
During the last 5 trading sessions, PLG rose by +1.56%, which changed the moving average for the period of 200-days by +1.56% in comparison to the 20-day moving average, which settled at $1.2930. In addition, Platinum Group Metals Ltd saw 1.56% 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 -0.05. Equity return is now at value -19.17, with -9.66 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 -9.63.
Currently, EBITDA for the company is -5.79 million with net debt to EBITDA at 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.66.
Conclusion
In conclusion, Platinum Group Metals Ltd (PLG) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
