Is Platinum Group Stock a Good Investment?
Platinum Group Investment Advice | PLG |
- Examine Platinum Group's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Platinum Group's leadership team and their track record. Good management can help Platinum Group navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Precious Metals & Minerals space and any emerging trends that could impact Platinum Group's business and its evolving consumer preferences.
- Compare Platinum Group's performance and market position to its competitors. Analyze how Platinum Group is positioned in terms of product offerings, innovation, and market share.
- Check if Platinum Group pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Platinum Group's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Platinum Group Metals stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Platinum Group Metals is a good investment.
Sell | Buy |
Sell
Market Performance | Modest | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Platinum Group Stock
Researching Platinum Group's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 25.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.05. Platinum Group Metals last dividend was issued on the 17th of December 2018. The entity had 1:10 split on the 17th of December 2018.
To determine if Platinum Group is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Platinum Group's research are outlined below:
| Platinum Group may become a speculative penny stock | |
| Platinum Group had very high historical volatility over the last 90 days | |
| Reported Net Loss for the year was (4.64 M) with profit before taxes, overhead, and interest of 0. | |
| Platinum Group Metals has about 12.33 M in cash with (2.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Platinum Group has a frail financial position based on the latest SEC disclosures | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders |
Platinum Group uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Platinum Group Metals. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Platinum Group's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 10th of April 2024 Upcoming Quarterly Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View |
Platinum Group's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 145.18 M.Basic technical analysis of Platinum Stock
As of the 24th of June, Platinum Group holds the Semi Deviation of 4.11, risk adjusted performance of 0.1409, and Coefficient Of Variation of 1225.15. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Platinum Group, as well as the relationship between them. Please check Platinum Group Metals jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Platinum Group Metals is priced some-what accurately, providing market reflects its current price of 1.49 per share. Please also confirm Platinum Group Metals total risk alpha, which is currently at 0.2596 to check out the company can sustain itself at a future point.Platinum Group's Outstanding Corporate Bonds
Platinum Group issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Platinum Group Metals uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Platinum bonds can be classified according to their maturity, which is the date when Platinum Group Metals has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Platinum Group's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Platinum Group's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1409 | |||
| Market Risk Adjusted Performance | 0.304 | |||
| Mean Deviation | 3.58 | |||
| Semi Deviation | 4.11 | |||
| Downside Deviation | 4.62 | |||
| Coefficient Of Variation | 1225.15 | |||
| Standard Deviation | 4.9 | |||
| Variance | 23.97 | |||
| Information Ratio | 0.0707 | |||
| Jensen Alpha | 0.3317 | |||
| Total Risk Alpha | 0.2596 | |||
| Sortino Ratio | 0.0749 | |||
| Treynor Ratio | 0.294 | |||
| Maximum Drawdown | 25.82 | |||
| Value At Risk | (6.14) | |||
| Potential Upside | 8.33 | |||
| Downside Variance | 21.33 | |||
| Semi Variance | 16.92 | |||
| Expected Short fall | (4.23) | |||
| Skewness | 0.5353 | |||
| Kurtosis | 1.41 |
| Risk Adjusted Performance | 0.1409 | |||
| Market Risk Adjusted Performance | 0.304 | |||
| Mean Deviation | 3.58 | |||
| Semi Deviation | 4.11 | |||
| Downside Deviation | 4.62 | |||
| Coefficient Of Variation | 1225.15 | |||
| Standard Deviation | 4.9 | |||
| Variance | 23.97 | |||
| Information Ratio | 0.0707 | |||
| Jensen Alpha | 0.3317 | |||
| Total Risk Alpha | 0.2596 | |||
| Sortino Ratio | 0.0749 | |||
| Treynor Ratio | 0.294 | |||
| Maximum Drawdown | 25.82 | |||
| Value At Risk | (6.14) | |||
| Potential Upside | 8.33 | |||
| Downside Variance | 21.33 | |||
| Semi Variance | 16.92 | |||
| Expected Short fall | (4.23) | |||
| Skewness | 0.5353 | |||
| Kurtosis | 1.41 |
Consider Platinum Group's intraday indicators
Platinum Group intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Platinum Group stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Platinum Group time-series forecasting models is one of many Platinum Group's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Platinum Group's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Platinum Stock media impact
There is far too much social signal, news, headlines, and media speculation about Platinum Group that are available to investors today. This information is accessible both publicly - through Platinum Group's media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of Platinum-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
A primary focus of Platinum Group news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Platinum Group relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Platinum Group's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Platinum Group alpha.
Platinum Group Corporate Directors
| Frank Hallam | Chief Financial Officer, Corporate Secretary, Director | Profile | |
| Diana Walters | Independent Director | Profile | |
| Timothy Marlow | Independent Director | Profile | |
| Stuart Harshaw | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Group Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Platinum Group. If investors know Platinum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Platinum Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Platinum Group Metals is measured differently than its book value, which is the value of Platinum that is recorded on the company's balance sheet. Investors also form their own opinion of Platinum Group's value that differs from its market value or its book value, called intrinsic value, which is Platinum Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Platinum Group's market value can be influenced by many factors that don't directly affect Platinum Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Platinum Group's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Platinum Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Platinum Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.