Back to top

Tale of the Tape

Zacks Equity Research

Platinum Group Metals Ltd. (PLG) in Focus: Stock Rises 5.2%
June 13, 2014


Trades from $3
Platinum Group Metals Ltd. was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.03 to $1.15 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.

Platinum Group currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

However, better-ranked stocks in the industrial metals and minerals industry include BHP Billiton plc (BBL - Snapshot Report) , BHP Billiton Limited (BHP - Analyst Report) and Stillwater Mining Co. (SWC - Snapshot Report) . All of these have a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>