Will Platinum Group immediately enter a recoup?
 | By Ellen Johnson | Macroaxis Story |
This post will digest Platinum Group. We will analyze why it could be a much better year for Platinum Group shareholders. What is Platinum Group odds of financial distress for August 2020? We were able to collect and analyze data for twenty-nine available financial ratios for Platinum Group Metals, which can be compared to its competitors. To make sure the equity is not overpriced, please check all Platinum Group Metals financials, including its total debt, market capitalization, and the relationship between the ebitda and short ratio . Please also confirm Platinum Group Metals price to earning to check out the company can sustain itself down the road. Use Platinum Group to protect your portfolios against small markets fluctuations. The stock experiences a somewhat bearish sentiment, but market may correct it shortly. Check odds of Platinum Group to be traded at $1.4162 in 30 days.
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Reviewed by Michael Smolkin
This firm has 35.97 M in debt. The company has a current ratio of 0.83, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Platinum Group is OVERVALUED at 1.29 per share with modest projections ahead. Platinum Group holds a negative application of asset of -7.45 pct., losing $0.0745 for each dollar of asset held by the company. Inadequate asset utilization implies the company is being less effective with each dollar of asset it holds. Put it differently asset utilization of Platinum Group Metals shows how discouraging it operates for each dollar spent on its asset. About 49.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.16. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Platinum Group Metals recorded loss per share of 0.21. The entity had not issued any dividends in recent years. The firm had 1:1 split on 17th of December 2018.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two entities, such as Platinum or Endeavour is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step. 
How important is Platinum Group's Liquidity
Platinum Group financial leverage refers to using borrowed capital as a funding source to finance Platinum Group Metals ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Platinum Group financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Platinum Group's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Platinum Group's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Platinum Group's total debt and its cash.
Correlation Between Platinum and Endeavour Silver Corp
In general, Stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Platinum Group together with similar or unrelated positions with a negative correlation. For example, you can also add Endeavour Silver to your portfolio. If Endeavour Silver is not perfectly correlated to Platinum Group it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Platinum Group, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Are you currently holding both Platinum Group and Endeavour Silver in your portfolio? Please note if you are using this as a pair-trade strategy between Platinum Group and Endeavour Silver, watch out for correlation discrepancy over time. Relying on the historical price correlations and assuming that it will not change may lead to short-term losses. Please check pair correlation details between PLG and EXK for more information.An Additional Perspective On Platinum Group Metals
Reported Net Loss for the year was (9.87 M) with profit before taxes, overhead, and interest of 0. Platinum Group Metals has a beta of -0.3577. Let's try to break down what Platinum's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Platinum Group will likely underperform. The beta indicator helps investors understand whether Platinum Group moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Platinum deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. Reported Net Loss for the year was (9.87 M) with profit before taxes, overhead, and interest of 0.
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