Platinum Group Metals Ltd. (AMEX: PLG) is 15.52% higher on its value in year-to-date trading and has touched a low of $0.86 and a high of $6.27 in the current 52-week trading range. The PLG stock was last observed hovering at around $5.36 in the last trading session, with the day’s loss setting it -0.28% off its average median price target of $3.50 for the next 12 months. It is also 6.62% off the consensus price target high of $5.44 offered by 2 analysts, but current levels are -225.64% lower than the price target low of $1.56 for the same period.
Gold bugs are shouting from the rooftops in excitement, but that doesn’t mean you rush out and just buy any gold stock…That’s why we laid out The 2021 Ultimate Gold Portfolio – to dissect the treasure from the trash.
Currently trading at $5.08, the stock is 1.11% and 51.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.72 million and changing -5.22% at the moment leaves the stock 132.99% off its SMA200. PLG registered 215.29% gain for a year compared to 6-month gain of 267.12%. The firm has a 50-day simple moving average (SMA 50) of $4.12 and a 200-day simple moving average (SMA200) of $2.48.
The stock witnessed a 33.67% loss in the last 1 month and extending the period to 3 months gives it a 138.22%, and is 13.32% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.50% over the week and 12.92% over the month.
Distance from 52-week low is 493.39% and -18.98% from its 52-week high.
Platinum Group Metals Ltd. (PLG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Platinum Group Metals Ltd. (PLG) is a “Hold”. 2 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Platinum Group Metals Ltd. is expected to release its quarterly report on 04/09/2021 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 77.50% this year.
Platinum Group Metals Ltd. (PLG) Top Institutional Holders
33 institutions hold shares in Platinum Group Metals Ltd. (PLG), with 22.04M shares held by insiders accounting for 31.59% while institutional investors hold 50.58% of the company’s shares. The shares outstanding are 63.70M, and float is at 48.51M with Short Float at 1.42%. Institutions hold 34.60% of the Float.
The top institutional shareholder in the company is Liberty Mutual Group Asset Management Inc. with over 10.13 million shares valued at $20.27 million. The investor’s holdings represent 14.27% of the PLG Shares outstanding. As of Sep 29, 2020, the second largest holder is Franklin Resources, Inc. with 9.87 million shares valued at $19.73 million to account for 13.89% of the shares outstanding. The other top investors are CQS (US), LLC which holds 0.88 million shares representing 1.24% and valued at over $1.77 million, while Smith (Donald) & Company Inc. holds 0.95% of the shares totaling 0.68 million with a market value of $1.35 million.