On Tuesday, Platinum Group Metals Ltd (AMEX: PLG) opened lower -6.90% from the last session, before settling in for the closing price of $1.74. Price fluctuations for PLG have ranged from $0.94 to $2.27 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -19.49% at the time writing. With a float of $75.24 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) Insider Updates
A key investor’s attitude towards the stock of the Other Precious Metals & Mining industry is another important factor to consider. The insider ownership of Platinum Group Metals Ltd is 26.58%, while institutional ownership is 26.06%.
Platinum Group Metals Ltd (PLG) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 8/31/2023, the company posted 0.02 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.01) by 0.03. 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 -19.49% per share during the next fiscal year.
Platinum Group Metals Ltd (AMEX: PLG) Trading Performance Indicators
Check out the current performance indicators for Platinum Group Metals Ltd (PLG). In the past 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 -0.03 in one year’s time.
Technical Analysis of Platinum Group Metals Ltd (PLG)
The latest stats from [Platinum Group Metals Ltd, PLG] show that its last 5-days average volume of 0.46 million was superior to 0.42 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 69.61%. Additionally, its Average True Range was 0.14.
During the past 100 days, Platinum Group Metals Ltd’s (PLG) raw stochastic average was set at 46.28%, which indicates a significant increase from 41.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.34% in the past 14 days, which was lower than the 84.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6458, while its 200-day Moving Average is $1.4777. Now, the first resistance to watch is $1.7233. This is followed by the second major resistance level at $1.8267. The third major resistance level sits at $1.9033. If the price goes on to break the first support level at $1.5433, it is likely to go to the next support level at $1.4667. Assuming the price breaks the second support level, the third support level stands at $1.3633.
Platinum Group Metals Ltd (AMEX: PLG) Key Stats
There are currently 102,688K shares outstanding in the company with a market cap of 166.02 million. Presently, the company’s annual sales total 0 K according to its annual income of -5,660 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -1,650 K.
