Platinum Group Metals Stock Today

PLG Stock  USD 1.17  0.05  4.10%   

Performance

0 of 100

 
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Odds Of Distress

Less than 46

 
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About Average
Platinum Group is trading at 1.17 as of the 20th of December 2024. This is a 4.1 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.13. Platinum Group has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. The performance scores are derived for the period starting the 20th of November 2024 and ending today, the 20th of December 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 102.69 M outstanding shares of which 1.72 M shares are at this time shorted by investors with about 1.71 days to cover. More on Platinum Group Metals

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Platinum Stock Highlights

CEORMichael Jones
Thematic IdeaPrecious Metals (View all Themes)
Old Names[PUBLIGROUPE N, PUBLIGROUPE N, PL Group S.A.]
Business ConcentrationPrecious 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
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00660.0074
Fairly Down
Slightly volatile
Total Current Liabilities859.8 K905 K
Notably Down
Slightly volatile
Non Current Liabilities Total1.4 M1.4 M
Notably Down
Pretty Stable
Total Assets49.5 M52.1 M
Notably Down
Slightly volatile
Total Current AssetsM4.2 M
Notably Down
Slightly volatile
Debt Levels
Platinum Group can leverage 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.
Liquidity
Platinum Group Metals has 263 K in debt with debt to equity (D/E) ratio of 0.0, which may show that the company is not taking advantage of profits from borrowing. Platinum Group Metals has a current ratio of 18.25, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Platinum to invest in growth at high rates of return.

Change In Working Capital

334,950
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 120.14 M. Platinum Group Metals runs under Metals & Mining sector within Materials industry. The entity has 102.69 M outstanding shares of which 1.72 M shares are at this time shorted by investors with about 1.71 days to cover. Platinum Group Metals has about 12.33 M in cash with (2.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.
Check Platinum Group Probability Of Bankruptcy
Ownership Allocation
Platinum Group owns a total of 102.69 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. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Platinum Ownership Details

Platinum Group Historical Income Statement

At this time, Platinum Group's Non Recurring is most likely to increase significantly in the upcoming years. The Platinum Group's current Selling And Marketing Expenses is estimated to increase to about 2.4 M, while Interest Expense is projected to decrease to 0.00. View More Fundamentals

Platinum Stock Against Markets

Platinum Group Corporate Directors

Frank HallamChief Financial Officer, Corporate Secretary, DirectorProfile
Diana WaltersIndependent DirectorProfile
Timothy MarlowIndependent DirectorProfile
Stuart HarshawIndependent DirectorProfile
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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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Is Precious Metals & Minerals space 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
(0.11)
Return On Equity
(0.12)
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.