Stock Price of Platinum Group Metals Ltd. (PLG) Increases 20.86%

Platinum Group Metals Ltd.s in-depth stock price analysis indicates that the stock price has rallied 58.04% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -27.33% . Looking at the past 52 week period, the stock price is up at 100% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Platinum Group Metals Ltd. has a negative value of -62.37 compared to overall market performance. Platinum Group Metals Ltd. (NYSEMKT:PLG) has climbed 20.86% in the past week and advanced 26.97% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 19.88% and the outperformance has advanced to 24.69% for the last 4 weeks period.

Platinum Group Metals Ltd. (NYSEMKT:PLG) witnessed a volatile trading activity on Friday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $2.24 and reached the intraday high at $2.31. The bulls started the profit booking and pushed the shares to intraday low of $2.16. The trading session was marked by a volume range of 1,098,693 shares exchanging hands. The 52-week high of the shares is $4.04 and the 52-week low is $1.02. The market cap of the company stands at $299 million and there are 132,497,369 shares in public circulation.

Platinum Group is based in Vancouver BC, Canada and Johannesburg, South Africa. Platinum Group has a management team in both Canada and South Africa, which have successful track records of more than twenty years in exploration, mine discovery, mine construction and mine operations. The Company is focused on the development of platinum operations. It holds significant mineral rights in the Northern and Western Bushveld Igneous Complex of South Africa.

Platinum

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.