1 day Ago By ABMN Staff
Virtu Financial LLC lessened its stake in shares of Platinum Group Metals Ltd. ( NYSE:PLG – Free Report ) by 67.8% during the fourth quarter, Holdings Channel.
com reports. The fund owned 25,746 shares of the company’s stock after selling 54,305 shares during the period. Virtu Financial LLC’s holdings in Platinum Group Metals were worth $33,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. J.W.
Cole Advisors Inc. bought a new position in Platinum Group Metals in the 4th quarter valued at about $30,000. Sanctuary Advisors LLC acquired a new stake in shares of Platinum Group Metals during the 3rd quarter worth approximately $36,000.
MCIA Inc bought a new position in Platinum Group Metals in the third quarter valued at approximately $41,000. XTX Topco Ltd acquired a new position in Platinum Group Metals during the third quarter valued at approximately $30,000. Finally, The Manufacturers Life Insurance Company acquired a new position in Platinum Group Metals during the third quarter valued at approximately $1,263,000.
16.33% of the stock is owned by institutional investors and hedge funds. Analysts Set New Price Targets Separately, StockNews.
com upgraded Platinum Group Metals to a “sell” rating in a research note on Tuesday, March 25th. Platinum Group Metals Stock Down 2.4 % Platinum Group Metals stock opened at $1.
21 on Wednesday. The stock has a market cap of $125.33 million, a PE ratio of -20.
17 and a beta of 1.80. Platinum Group Metals Ltd.
has a 12-month low of $1.06 and a 12-month high of $2.27.
The business’s 50-day moving average price is $1.28 and its two-hundred day moving average price is $1.44.
Platinum Group Metals Profile ( Free Report ) 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 Bushveld Igneous Complex, South Africa. See Also Want to see what other hedge funds are holding PLG? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Platinum Group Metals Ltd. ( NYSE:PLG – Free Report ). Receive News & Ratings for Platinum Group Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Platinum Group Metals and related companies with MarketBeat.
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