What’s Platinum Group Metals Limited Upside After Today’s Huge Increase?

 What's Platinum Group Metals Limited Upside After Today's Huge Increase?

The stock of Platinum Group Metals Limited (TSE:PTM) is a huge mover today! About 42,423 shares traded hands. Platinum Group Metals Limited (TSE:PTM) has declined 51.37% since March 28, 2016 and is downtrending. It has underperformed by 54.38% the S&P500.
The move comes after 5 months positive chart setup for the $208.07 million company. It was reported on Nov, 1 by Barchart.com. We have $3.60 PT which if reached, will make TSE:PTM worth $112.36M more.

More notable recent Platinum Group Metals Limited (TSE:PTM) news were published by: Marketwatch.com which released: “Platinum Group Metals Ltd. Announces Filing of Preliminary Base Shelf Prospectus” on October 05, 2016, also Juniorminingnetwork.com with their article: “Platinum Group Metals Closes US$40 Million Bought Deal Financing” published on November 01, 2016, Reuters.com published: “BRIEF-Platinum Group Metals Ltd. announces increase to Sprott Credit Facil…” on October 12, 2016. More interesting news about Platinum Group Metals Limited (TSE:PTM) were released by: Marketwired.com and their article: “Platinum Group Metals Ltd. Announces Increase to Sprott Credit Facility” published on October 12, 2016 as well as Marketwired.com‘s news article titled: “Platinum Group Metals Ltd. Announces Positive Independent Pre-Feasibility …” with publication date: October 19, 2016.

Platinum Group Metals Ltd. is an exploration- and development-stage Company. The company has a market cap of $208.07 million. The Firm is focused on exploration and development of platinum. It currently has negative earnings. The Firm conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa and in Canada.

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