Director of Platinum Group Metals Ltd. Sells C$11,200.00 in Stock

On October 25th, 2024, Stuart Harshaw, a director at Platinum Group Metals Ltd. (TSE:PTM - Get Free Report) (NYSE:PLG), sold 4,000 shares of the company's stock. The transaction was completed at an average price of C$2.80 per share, resulting in a total sale of C$11,200.00.

Overview of Platinum Group Metals Stock Performance

The stock of Platinum Group Metals opened at C$3.04 on the day of the sale. With a market capitalization of C$311.54 million, the company has a price-to-earnings (P/E) ratio of -38.00 and a beta of 1.87, which indicates that the stock is more volatile than the market. Furthermore, the firm showcases strong liquidity with a current ratio of 21.11 and a quick ratio of 11.34. Its debt-to-equity ratio stands at 0.78, reflecting manageable debt levels. The 50-day moving average price of the stock is C$1.97, while the 200-day moving average sits at C$2.09. Over the past year, the stock has ranged from a low of C$1.29 to a high of C$3.13.

About Platinum Group Metals

Platinum Group Metals Ltd. is engaged in the exploration and development of platinum and palladium properties. The company searches for deposits of palladium, platinum, gold, copper, nickel, and rhodium. They hold a 50.02% interest in the Waterberg project situated on the Northern Limb of the Bushveld Igneous Complex in South Africa.

Platinum, Stocks, Sale