Platinum Group Metals Limited (TSE:PTM) (NYSE:PLG) rose 8.3% during trading on Thursday . The stock traded as high as C$0.58 and last traded at C$0.52. Approximately 309,457 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 300,251 shares. The stock had previously closed at C$0.48.
The stock has a market cap of $93.33, a price-to-earnings ratio of -0.13 and a beta of 2.50.
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About Platinum Group Metals
Platinum Group Metals Ltd. is an exploration- and development-stage Company. The Company is focused on exploration and development of platinum. The Company conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa and in Canada. Its business is focused on production ramp up at the Maseve Mine, and the exploration and initial engineering on the Waterberg platinum deposit, which includes the Waterberg Joint Venture Project (the Waterberg JV Project) and the adjoining Waterberg Extension Project.
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