Platinum Could be Hot (PLG)

Published: 2024-04-04 22:49:15

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COMPANY INVEST STOCK PROFILE

Today’s pick is a platinum miner in the metals and mining sector.  The company is Platinum Group Metals, Ltd (PLG). Platinum Group Metals Ltd. explores and develops mineral properties in Canada and South Africa, primarily platinum. It holds interests in the Western Bushveld Joint Venture, War Springs, and Tweespalk properties in South Africa; and the Agnew Lake and Lac Des Iles properties in Canada. Founded in 2000, PLG is headquartered in Vancouver, Canada.

FUNDAMENTAL TIDBITS

Trailing PE:  9.82 (Making PLG a value play)

Return on Equity: 14%

Debt: Zero!

Beta: 1.47 (Ideal for a trade)