Platinum Group Metals Ltd. (AMEX: PLG) Is Up 22.52% Over The Last Week, But Will It Continue To Climb?

Platinum Group Metals Ltd. (AMEX:PLG)’s traded shares stood at 2.2 million during the last session, with the company’s beta value hitting 1.79. At the close of trading, the stock’s price was $1.85, to imply an increase of 1.65% or $0.03 in intraday trading. The PLG share’s 52-week high remains $2.07, putting it -11.89% down since that peak but still an impressive 49.19% since price per share fell to its 52-week low of $0.94. The company has a valuation of $189.59M, with an average of 0.78 million shares in intraday trading volume over the past 10 days and average of 369.51K shares over the past 3 months.

Platinum Group Metals Ltd. (AMEX:PLG) trade information

After registering a 1.65% upside in the last session, Platinum Group Metals Ltd. (PLG) has traded red over the past five days. The 5-day price performance for the stock is 22.52%, and 25.85% over 30 days. With these gigs, the year-to-date price performance is 62.28%. Short interest in Platinum Group Metals Ltd. (AMEX:PLG) saw shorts transact 1.33 million shares and set a 4.12 days time to cover.

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PLG Dividends

Platinum Group Metals Ltd. has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Platinum Group Metals Ltd. (AMEX:PLG)’s Major holders

Platinum Group Metals Ltd. insiders hold 26.47% of total outstanding shares, with institutional holders owning 18.01% of the shares at 24.50% float percentage. In total, 18.01% institutions holds shares in the company, led by FRANKLIN RESOURCES INC. As of 2024-06-30, the company held over 11.53 million shares (or 11.2567% of shares), all amounting to roughly $19.42 million.

The next major institution holding the largest number of shares is SLATE PATH CAPITAL LP with 0.9 million shares, or about 0.8784% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.53 million.