PLG (Platinum Group Metals Ltd.) climbed 9.50 at the last close: Is This Today’s Most Popular Stock?

On Friday, Platinum Group Metals Ltd. (AMEX: PLG) was 9.50% up from the session before settling in for the closing price of $2.00. A 52-week range for PLG has been $0.94 – $2.10.

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When this article was written, the company’s average yearly earnings per share was at 8.33%. With a float of $75.25 million, this company’s outstanding shares have now reached $100.26 million.

In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.

Platinum Group Metals Ltd. (PLG) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Platinum Group Metals Ltd. stocks. The insider ownership of Platinum Group Metals Ltd. is 26.60%, while institutional ownership is 18.08%.

Platinum Group Metals Ltd. (PLG) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 8/31/2023, it has been observed that the corporation posted -0.02 earnings per share (EPS) during the time that was less than consensus figure (set at -0.01) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 8.33% per share during the next fiscal year.

Platinum Group Metals Ltd. (AMEX: PLG) Trading Performance Indicators

You can see what Platinum Group Metals Ltd. (PLG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 21.11.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.04 in one year’s time.

Technical Analysis of Platinum Group Metals Ltd. (PLG)

Compared to the last year’s volume of 0.39 million, its volume of 1.88 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 81.86%. Additionally, its Average True Range was 0.15.

During the past 100 days, Platinum Group Metals Ltd.’s (PLG) raw stochastic average was set at 93.39%, which indicates a significant increase from 90.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.33% in the past 14 days, which was higher than the 81.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.46, while its 200-day Moving Average is $1.40. Nevertheless, the first resistance level for the watch stands at $2.33 in the near term. At $2.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.66. If the price goes on to break the first support level at $2.00, it is likely to go to the next support level at $1.80. Now, if the price goes above the second support level, the third support stands at $1.67.

Platinum Group Metals Ltd. (AMEX: PLG) Key Stats

There are 102,480K outstanding shares of the company, which has a market capitalization of 224.43 million. As of now, sales total 0 K while income totals -5,660 K. Its latest quarter income was 0 K while its last quarter net income were -1,650 K.