Platinum Group Metals Stock Today
| PLG Stock | USD 1.25 0.14 10.07% |
Performance7 of 100
| Odds Of DistressLess than 41
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Platinum Group is trading at 1.25 as of the 1st of May 2024. This is a -10.07 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.25. Platinum Group has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Platinum Group Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
Business Domain Materials | IPO Date 26th of April 2002 | Category Basic Materials |
Platinum Group Metals Ltd. engages in the exploration and development of platinum and palladium properties. Platinum Group Metals Ltd. was incorporated in 2000 and is headquartered in Vancouver, Canada. Platinum Group operates under Other Precious Metals Mining classification in the United States and is traded on AMEX Exchange. The company has 102.48 M outstanding shares of which 967.97 K shares are at this time shorted by investors with about 2.11 days to cover. More on Platinum Group Metals
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Follow Valuation Options Odds of Bankruptcy
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Platinum Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Platinum Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Platinum Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | RMichael Jones | ||||
| Thematic Idea | Precious Metals (View all Themes) | ||||
| Old Names | [PUBLIGROUPE N, PUBLIGROUPE N, PL Group S.A.] | ||||
| Business Concentration | Precious Metals & Minerals, Other Precious Metals & Mining, Basic Materials, Precious Metals, Materials, Metals & Mining, Other Precious Metals & Mining, Basic Materials (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Platinum Group report their recommendations after researching Platinum Group's financial statements, talking to executives and customers, or listening in on Platinum Group's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Platinum Group Metals. The Platinum consensus assessment is calculated by taking the average forecast from all of the analysts covering Platinum Group. | |||||
Platinum Group's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Platinum Group's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Platinum Group's financial leverage. It provides some insight into what part of Platinum Group's total assets is financed by creditors.
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Platinum Group Metals (PLG) is traded on NYSE MKT Exchange in USA. It is located in 1100 Melville Street, Vancouver, BC, Canada, V6E 4A6 and employs 13 people. Platinum Group is listed under Precious Metals & Minerals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 137.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Platinum Group's market, we take the total number of its shares issued and multiply it by Platinum Group's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Platinum Group Metals runs under Metals & Mining sector within Materials industry. The entity has 102.48 M outstanding shares of which 967.97 K shares are at this time shorted by investors with about 2.11 days to cover.
Platinum Group Metals has about 12.33 M in cash with (3.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.
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Ownership AllocationPlatinum Group Metals has a total of 102.48 Million outstanding shares. Platinum Group has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Platinum Ownership Details
Platinum Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Platinum Group jumping above the current price in 90 days from now is about 27.43%. The Platinum Group Metals probability density function shows the probability of Platinum Group stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.5302 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Platinum Group will likely underperform. Additionally, platinum Group Metals has an alpha of 0.218, implying that it can generate a 0.22 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Platinum Group to move above the current price in 90 days from now is about 27.43 (This Platinum Group Metals probability density function shows the probability of Platinum Stock to fall within a particular range of prices over 90 days) .
Platinum Group Historical Income Statement
Platinum Group Metals Income Statement is one of the three primary financial statements used for reporting Platinum's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Platinum Group Metals revenue and expense. Platinum Group Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Platinum Group's Tax Provision is most likely to decrease significantly in the upcoming years. The Platinum Group's current Net Interest Income is estimated to increase to about 705.2 K, while Interest Expense is projected to decrease to 0.00. View More FundamentalsPlatinum Stock Against Markets
Picking the right benchmark for Platinum Group stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Platinum Group stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Platinum Group is critical whether you are bullish or bearish towards Platinum Group Metals at a given time. Please also check how Platinum Group's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Platinum Group without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Platinum Group Corporate Directors
Platinum Group corporate directors refer to members of a Platinum Group board of directors. The board of directors generally takes responsibility for the Platinum Group's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Platinum Group's board members must vote for the resolution. The Platinum Group board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Frank Hallam | Chief Financial Officer, Corporate Secretary, Director | Profile | |
| Diana Walters | Independent Director | Profile | |
| Timothy Marlow | Independent Director | Profile | |
| Stephen Menzies | Non-Executive Independent Director | Profile |
How to buy Platinum Stock?
Before investing in Platinum Group, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Platinum Group. To buy Platinum Group stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Platinum Group. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Platinum Group stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Platinum Group Metals stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Platinum Group Metals stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Platinum Group Metals, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Platinum Stock please use our How to Invest in Platinum Group guide.
Already Invested in Platinum Group Metals?
The danger of trading Platinum Group Metals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Platinum Group is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Platinum Group. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Platinum Group Metals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Platinum Group Metals is a strong investment it is important to analyze Platinum Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Platinum Group's future performance. For an informed investment choice regarding Platinum Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Group Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Platinum Stock analysis
When running Platinum Group's price analysis, check to measure Platinum Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Platinum Group is operating at the current time. Most of Platinum Group's value examination focuses on studying past and present price action to predict the probability of Platinum Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Platinum Group's price. Additionally, you may evaluate how the addition of Platinum Group to your portfolios can decrease your overall portfolio volatility.
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Is Platinum Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Platinum Group. If investors know Platinum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Platinum Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.05) | Return On Assets (0.10) | Return On Equity (0.11) |
The market value of Platinum Group Metals is measured differently than its book value, which is the value of Platinum that is recorded on the company's balance sheet. Investors also form their own opinion of Platinum Group's value that differs from its market value or its book value, called intrinsic value, which is Platinum Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Platinum Group's market value can be influenced by many factors that don't directly affect Platinum Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Platinum Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Platinum Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Platinum Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.