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 |
Hold
Market Performance | Very Weak | Details | |
Volatility | Risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | 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 26.0% 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 generated a negative expected return over the last 90 days | |
| Platinum Group may become a speculative penny stock | |
| Platinum Group has high historical volatility and very poor performance | |
| Reported Net Loss for the year was (4.61 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 26.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from fxstreet.com: Palladium price today Rare metals down at the start of the European session |
Platinum Group Quarterly Accounts Payable |
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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 |
Earnings surprises can significantly impact Platinum Group's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Platinum Group's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-11-21 | 2023-08-31 | -0.02 | -0.01 | 0.01 | 50 | ||
2023-01-13 | 2022-11-30 | -0.01 | -0.02 | -0.01 | 100 | ||
2022-04-13 | 2022-02-28 | -0.04 | -0.03 | 0.01 | 25 | ||
2024-01-12 | 2023-11-30 | -0.03 | -0.01 | 0.02 | 66 | ||
2022-11-23 | 2022-08-31 | -0.03 | -0.01 | 0.02 | 66 | ||
2022-07-13 | 2022-05-31 | -0.03 | -0.01 | 0.02 | 66 | ||
2021-11-24 | 2021-08-31 | -0.04 | -0.06 | -0.02 | 50 | ||
2018-07-16 | 2018-05-31 | 0.1 | 0.08 | -0.02 | 20 |
Platinum Group's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 130.47 M.Market Cap |
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Platinum Group's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.13) | (0.14) | |
| Return On Capital Employed | (0.14) | (0.15) | |
| Return On Assets | (0.13) | (0.14) | |
| Return On Equity | (0.20) | (0.19) |
Determining Platinum Group's profitability involves analyzing its financial statements and using various financial metrics to determine if Platinum Group is a good buy. For example, gross profit margin measures Platinum Group's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Platinum Group's profitability and make more informed investment decisions.
Evaluate Platinum Group's management efficiency
Platinum Group Metals has Return on Asset of (0.0642) % which means that on every $100 spent on assets, it lost $0.0642. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1013) %, meaning that it generated no profit with money invested by stockholders. Platinum Group's management efficiency ratios could be used to measure how well Platinum Group manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.14. The current Return On Capital Employed is estimated to decrease to -0.15. At this time, Platinum Group's Net Tangible Assets are most likely to decrease significantly in the upcoming years. The Platinum Group's current Intangibles To Total Assets is estimated to increase to 0.07, while Total Assets are projected to decrease to roughly 56.9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.55 | 0.52 | |
| Tangible Book Value Per Share | 0.55 | 0.52 | |
| Enterprise Value Over EBITDA | (22.88) | (24.03) | |
| Price Book Value Ratio | 4.26 | 5.20 | |
| Enterprise Value Multiple | (22.88) | (24.03) | |
| Price Fair Value | 4.26 | 5.20 | |
| Enterprise Value | 103.7 M | 117.9 M |
The decision-making processes within Platinum Group are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Beta 1.88 |
Basic technical analysis of Platinum Stock
As of the 25th of March, Platinum Group holds the Risk Adjusted Performance of 0.0048, coefficient of variation of (29,482), and Variance of 18.09. 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 market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Platinum Group Metals is priced some-what accurately, providing market reflects its current price of 1.29 per share. Given that Platinum Group is a hitting penny stock territory we advise to closely look at its jensen alpha.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.
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 | 0.0048 | |||
| Market Risk Adjusted Performance | (0.03) | |||
| Mean Deviation | 3.35 | |||
| Coefficient Of Variation | (29,482) | |||
| Standard Deviation | 4.25 | |||
| Variance | 18.09 | |||
| Information Ratio | 0.0028 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.1476 | |||
| Treynor Ratio | (0.04) | |||
| Maximum Drawdown | 19.12 | |||
| Value At Risk | (6.12) | |||
| Potential Upside | 8.66 | |||
| Skewness | 0.3169 | |||
| Kurtosis | (0.17) |
| Risk Adjusted Performance | 0.0048 | |||
| Market Risk Adjusted Performance | (0.03) | |||
| Mean Deviation | 3.35 | |||
| Coefficient Of Variation | (29,482) | |||
| Standard Deviation | 4.25 | |||
| Variance | 18.09 | |||
| Information Ratio | 0.0028 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.1476 | |||
| Treynor Ratio | (0.04) | |||
| Maximum Drawdown | 19.12 | |||
| Value At Risk | (6.12) | |||
| Potential Upside | 8.66 | |||
| Skewness | 0.3169 | |||
| Kurtosis | (0.17) |
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.
| Accumulation Distribution | 4497.69 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.3 | |||
| Day Typical Price | 1.29 | |||
| Price Action Indicator | (0.01) |
Platinum Stock media impact
Far too much social signal, news, headlines, and media speculation about Platinum Group that are available to investors today. That information is available publicly through Platinum media outlets and privately through word of mouth or via Platinum internal channels. However, regardless of the origin, that massive amount of Platinum data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
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 Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Platinum Group can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.