Platinum Group Metals (NYSE:PLG) Raised to Sell at StockNews.com

Platinum Group Metals (NYSE:PLG – Get Rating) was upgraded by StockNews.com to a “sell” rating in a report released on Thursday.

Shares of Platinum Group Metals stock traded down $0.06 on Thursday, hitting $1.27. The company had a trading volume of 1,115,582 shares, compared to its average volume of 1,018,337. The stock has a market capitalization of $125.30 million, a PE ratio of -7.94 and a beta of 1.78. Platinum Group Metals has a 52 week low of $1.21 and a 52 week high of $4.75.

About Platinum Group Metals (Get Rating)

Platinum Group Metals Ltd. engages in the exploration and development of platinum and palladium properties. It explores for palladium, platinum, gold, copper, nickel, and rhodium deposits. The company holds 50.02% interest in the Waterberg project located on the Northern Limb of the Western Bushveld complex, South Africa.

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