Today’s Stock Alert: Platinum Group Metals Limited (USA) on Focus After Raising In Today’s Session

Today's Stock Alert: Platinum Group Metals Limited (USA) on Focus After Raising In Today's Session

The stock of Platinum Group Metals Limited (USA) (NYSEMKT:PLG) is a huge mover today! About 197,949 shares traded hands. Platinum Group Metals Limited (USA) (NYSEMKT:PLG) has declined 29.06% since March 15, 2016 and is downtrending. It has underperformed by 34.54% the S&P500.
The move comes after 8 months positive chart setup for the $171.23M company. It was reported on Oct, 18 by Barchart.com. We have $4.31 PT which if reached, will make NYSEMKT:PLG worth $188.35 million more.

Analysts await Platinum Group Metals Limited (USA) (NYSEMKT:PLG) to report earnings on November, 22.

Platinum Group Metals Limited (USA) (NYSEMKT:PLG) Ratings Coverage

Out of 2 analysts covering Platinum Group Metals (NYSEMKT:PLG), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Platinum Group Metals has been the topic of 2 analyst reports since May 27, 2016 according to StockzIntelligence Inc. BMO Capital Markets initiated Platinum Group Metals Limited (USA) (NYSEMKT:PLG) on Friday, May 27 with “Outperform” rating. The company was upgraded on Monday, June 27 by IBC.

More important recent Platinum Group Metals Limited (USA) (NYSEMKT:PLG) news were published by: Marketwired.com which released: “Platinum Group Metals Ltd. Announces Increase to Sprott Credit Facility” on October 12, 2016, also Marketwatch.com published article titled: “Platinum Group Metals Ltd. Announces Filing of Preliminary Base Shelf Prospectus”, Quotes.Wsj.com published: “News Platinum Group Metals Ltd.PLG” on February 12, 2011. More interesting news about Platinum Group Metals Limited (USA) (NYSEMKT:PLG) was released by: Marketwired.com and their article: “Platinum Group Metals Ltd.: Corporate Update” with publication date: September 19, 2016.

Platinum Group Metals Ltd. is an exploration- and development-stage Company. The company has a market cap of $171.23 million. The Firm is focused on exploration and development of platinum. It currently has negative earnings. The Firm conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa and in Canada.

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