Platinum Group Metals Stock Today

PTM Stock  CAD 2.46  0.10  4.24%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 42

 
High
 
Low
Below Average
Platinum Group is selling at 2.46 as of the 23rd of November 2024; that is 4.24 percent increase since the beginning of the trading day. The stock's open price was 2.36. Platinum Group has about a 42 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Platinum Group Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of October 2024 and ending today, the 23rd of November 2024. Click here to learn more.
Business Domain
Materials
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 Canada and is traded on Toronto Stock Exchange. The company has 102.69 M outstanding shares of which 232.67 K shares are at this time shorted by private and institutional investors with about 3.97 days to cover all short positions. More on Platinum Group Metals

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Platinum Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Platinum Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Platinum Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationDiversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Precious Metals & Mining, Basic Materials (View all Sectors)
Platinum Group's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Platinum Group's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
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 cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Platinum Group Metals has accumulated 317 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Platinum Group Metals has a current ratio of 18.25, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Platinum Group until it has trouble settling it off, either with new capital or with free cash flow. So, Platinum Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Platinum Group Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Platinum to invest in growth at high rates of return. When we think about Platinum Group's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

450,110
Platinum Group Metals (PTM) is traded on Toronto Exchange in Canada and employs 13 people. Platinum Group is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 242.34 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Platinum Group's market, we take the total number of its shares issued and multiply it by Platinum Group's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Platinum Group Metals operates under Metals & Mining sector and is part of Materials industry. The entity has 102.69 M outstanding shares of which 232.67 K shares are at this time shorted by private and institutional investors with about 3.97 days to cover all short positions. Platinum Group Metals has accumulated about 12.33 M in cash with (3.79 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. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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 Metals Risk Profiles

Although Platinum Group's alpha and beta are two of the key measurements used to evaluate Platinum Group's performance over the market, the standard measures of volatility play an important role as well.

Platinum Stock Against Markets

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Platinum Group Corporate Management

Elected by the shareholders, the Platinum Group's board of directors comprises two types of representatives: Platinum Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Platinum. The board's role is to monitor Platinum Group's management team and ensure that shareholders' interests are well served. Platinum Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Platinum Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
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 board of governors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.