Platinum Group Metals (TSE:PTM) Insider Gregory Edward Blair Sells 7,000 Shares

Platinum Group Metals Ltd. (TSE:PTM) (NYSE:PLG) insider Gregory Edward Blair sold 7,000 shares of Platinum Group Metals stock in a transaction dated Thursday, October 9th. The shares were sold at an average price of C$4.46, for a total transaction of C$31,220.00. Following the completion of the sale, the insider owned 58,165 shares in the company, valued at approximately C$259,415.90. This trade represents a 10.74% decrease in their position.

Gregory Edward Blair also recently made the following trade(s):

• On Wednesday, October 8th, Gregory Edward Blair sold 4,344 shares of Platinum Group Metals stock. The shares were sold at an average price of C$4.52, for a total transaction of C$19,634.88.

Platinum Group Metals Stock Down 7.3%

Shares of TSE PTM opened at C$3.69 on Friday. The company’s 50-day simple moving average is C$2.62 and its 200-day simple moving average is C$2.18. Platinum Group Metals Ltd. has a 52-week low of C$1.39 and a 52-week high of C$4.64. The firm has a market cap of C$413.84 million, a price-to-earnings ratio of -92.25 and a beta of 1.74. The company has a quick ratio of 11.34, a current ratio of 2.66 and a debt-to-equity ratio of 0.99.

Platinum Group Metals Company Profile

Platinum Group Metals Ltd is the operator of the Waterberg Project, a bulk underground PGM deposit located in South Africa. Waterberg was discovered by Platinum Group and is being jointly developed with Implats, the Japan Oil, Gas and Metals National Corporation (JOGMEC) and Hanwa Co Ltd. Waterberg has the potential to be a large-scale, low-cost producer of palladium, platinum, rhodium, and gold.