Home  »  Companies   »  Platinum Group Metals Ltd. (PLG) stock continues t...

Platinum Group Metals Ltd. (PLG) stock continues to surge ahead of major rivals

Related Topics

CIBC raised the price target for the Platinum Group Metals Ltd. (AMEX:PLG) stock from “a Sector underperform” to “a Sector perform”. The rating was released on June 27, 2016. The research report from RBC Capital Mkts has upgraded the stock from Sector Perform to Outperform, with a price target set at $1.75.

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!


Historical Earnings Surprises and Revenue Forecasts

Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of -$0.02 during the last quarter as opposed to a consensus estimate of -$0.05, which indicates the company beat its estimate by $0.03, which implies that the company surprised the market by 60.00%. It appears that the average earnings per share estimate for the current quarter (ending in Feb 2017) is $0. This is an average of 0 analysts’ earnings, where the high earnings per share estimate is $0 and the low earnings per share estimate is $0.

The latest trade, Performances and Moving Averages give us the following Picture

The share price of Platinum Group Metals Ltd. (AMEX:PLG) raised 11.33% to close Friday’s market session at $5.11, higher as compared to yesterday’s close. The stock price fluctuated between $4.67 and $5.14 throughout the trading session with the volume trading being 2932314 shares, which represented a significant variation when compared to the three months average volume of 1.15 million shares. The firm’s stock price fluctuated 10.61% within the last five trades and 36.63% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 144.50% in the last 6 months and 21.96% was added to its value over the previous 3 months. PLG stock is trading at a margin of 23.86%, 21.14% and 60.63% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

As of the close of trading, PLG deals in the Basic Materials domain. The stock is trading -18.50 percent below its 52-week high and 290.08 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 63.22. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does Platinum Group Metals Ltd.’s Profitability and Valuation Ratios Tell Us About the Stock?

The stock’s market cap achieved a total value of $339.10 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The firm managed a Price-to-Book ratio of 170.33, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 2.50 percent of Platinum Group Metals Ltd. shares are owned by insiders, and 27.40 percent are held by financial institutions.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sign up for our FREE Newsletter and get:
Sign up for our FREE Newsletter and get:

Get The Best Stocks To Trade Every Day!

Join now to get the Newsheater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.