Platinum Group Metals Limited (TSE:PTM) (NYSE:PLG) reached a new 52-week low on Thursday . The stock traded as low as C$0.63 and last traded at C$0.64, with a volume of 273,095 shares trading hands. The stock had previously closed at C$0.72.

The company’s market capitalization is $90.56 million. The firm’s 50 day moving average is $0.76 and its 200-day moving average is $1.44.

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About Platinum Group Metals Limited

Platinum Group Metals Ltd. is an exploration- and development-stage Company. The Company is focused on exploration and development of platinum. The Company conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa and in Canada. Its business is focused on production ramp up at the Maseve Mine, and the exploration and initial engineering on the Waterberg platinum deposit, which includes the Waterberg Joint Venture Project (the Waterberg JV Project) and the adjoining Waterberg Extension Project.

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