Platinum Group Metals Ltd (AMEX:PLG) price on Wednesday, May 21, rose 8.33% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.43.
A look at the stock’s price movement, the close in the last trading session was $1.32, moving within a range at $1.32 and $1.49. The beta value (5-Year monthly) was 2.057. Turning to its 52-week performance, $2.27 and $0.99 were the 52-week high and 52-week low respectively. Overall, PLG moved 22.22% over the past month.
Platinum Group Metals Ltd’s market cap currently stands at around $149.31 million, with investors looking forward to this quarter’s earnings report slated for on 2023-Dec-13.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PLG is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
PLG’s current price about 18.33% and 17.21% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 67.34, while 7-day volatility ratio is 8.45% and 5.37% in the 30-day chart. Further, Platinum Group Metals Ltd (PLG) has a beta value of 1.68, and an average true range (ATR) of 0.08.
If we refocus on Platinum Group Metals Ltd (AMEX:PLG), historical trading data shows that trading volumes averaged 1.22 over the past 10 days and 654.01K over the past 3 months. The company’s latest data on shares outstanding shows there are 103.58 million shares.
The 26.54% of Platinum Group Metals Ltd’s shares are in the hands of company insiders while institutional holders own 25.16% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.06 million on 2025-04-30, giving us a short ratio of 2.77. The data shows that as of 2025-04-30 short interest in Platinum Group Metals Ltd (PLG) stood at 279.0 of shares outstanding, with shares short rising to 1.95 million registered in 2025-03-31. Current price change has pushed the stock 11.72% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PLG stock continues to rise going into the next quarter.
