Insider Selling: Platinum Group Metals Ltd. (TSE:PTM) Senior Officer Sells C$12,960.00 in Stock

Posted by Alanna Baker on Nov 3rd, 2024

Platinum Group Metals Ltd. (TSE:PTM – Get Free Report) (NYSE:PLG) Senior Officer Mlibo Mgudlwa sold 4,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of C$2.88, for a total value of C$12,960.00.

Platinum Group Metals Trading Down 3.1 %

TSE PTM opened at C$2.46 on Friday. The business has a 50 day simple moving average of C$2.05 and a 200 day simple moving average of C$2.12. Platinum Group Metals Ltd. has a one year low of C$1.29 and a one year high of C$3.13. The stock has a market capitalization of C$252.10 million, a P/E ratio of -30.75 and a beta of 1.87. The company has a debt-to-equity ratio of 0.78, a current ratio of 21.11 and a quick ratio of 11.34.

About Platinum Group Metals

(Get Free Report)

Platinum Group Metals Ltd. engages in the exploration and development of platinum and palladium properties. It explores for palladium, platinum, gold, copper, nickel, and rhodium deposits. The company holds 50.02% interest in the Waterberg project located on the Northern Limb of the Bushveld Igneous Complex, South Africa.