How to Buy Platinum Group Metals Stock
Platinum Group Metals Ltd
Platinum Group Metals Ltd. operates as a mining company. The company is headquartered in Vancouver, British Columbia and currently employs 111 full-time employees.
Platinum Group Metals stock last closed at $1.35, up 1.89% from the previous day, and has decreased 16.15% in one year. It has overperformed other stocks in the Other Precious Metals & Mining industry by 0.02 percentage points. Platinum Group Metals stock is currently +43.31% from its 52-week low of $0.94, and -21.97% from its 52-week high of $1.73.
As of May 2, 2024, there are 102.48M PLG shares outstanding. The market capitalization of PLG is $138.35M. In the past 24 hours, 222,873 PLG shares were traded.
How to Buy Platinum Group Metals Stock
Wondering how to invest in Platinum Group Metals stock? Here's how.
- Choose where to buy Platinum Group Metals stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Platinum Group Metals stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your payment method and add your details.
- Research Platinum Group Metals stock: The Platinum Group Metals ticker symbol is PLG. Is Platinum Group Metals stock a good investment? Should you buy shares of PLG? How do PLG's underlying business fundamentals look? Do top analysts think Platinum Group Metals is a good buy? Why has PLG's stock price moved recently? (Hint: Our stock market analysis website can help you understand if PLG is a good stock to buy).
- Make your PLG buy order: Decide if you will purchase PLG shares at the current market price or use a limit order to purchase PLG shares at a particular price.
- Keep tabs on your PLG position: Create a watchlist to keep track of your position in Platinum Group Metals shares.
Step 1: Choose where to buy Platinum Group Metals stock
You will need an online brokerage account in order to access the NYSEMKT market and buy PLG stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
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- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
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- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal information so you are able to buy PLG stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've filled out your info on our top ranked stock market app, you need to deposit funds:
Watch the video below if you need help depositing funds into your brokerage account.
Step 4: Research Platinum Group Metals stock
Once you have selected the best place to buy Platinum Group Metals stock, it's important to analyze their stock prior to buying, so you can understand the risk and upside.
Overview of key PLG info
Fundamentals of Platinum Group Metals
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on PLG's stock page.
Is PLG stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PLG's intrinsic value.
Using relative valuations metrics:
- PLG may be overvalued based on its P/B ratio of 5.43x, relative to Other Precious Metals & Mining industry P/B ratio of 1.61x
You can access more valuation analysis on PLG's stock here.
PLG Financials at a glance
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the PLG balance sheet.
- Total PLG debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the PLG balance sheet.
- PLG has a low debt to equity ratio of 0.06.
Failed Financial Due Diligence Checks:
- PLG has $5.81M in cash and short term investments. This is not sufficient to cover its annual cash burn of $7.02M.
- PLG has cash burn of 7021000. It does not have enough cash and short-term investments to cover this.
PLG Technical Indicators
Are PLG insiders buying or selling the stock?
In the past year, insiders at PLG have not bought or sold any shares.
Get more info about who owns PLG shares here.
Does PLG provide a stable income stream?
No, Platinum Group Metals doesn't provide an income stream by paying out dividends.
What do other investors have to say about PLG?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your PLG buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, place a limit order.
Hit the Open button and your broker will place the order.
If you want additional help investing in stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your PLG position
Now that you own some PLG stock, you'll want to stay up-to-date on your new investment.
Create a watchlist to keep track of your PLG stock.
PLG Feed
How to Buy Stock in Platinum Group Metals
To summarize, here are the 6 steps for buying Platinum Group Metals stock:
- Choose where to buy Platinum Group Metals stock
- Create your brokerage account
- Deposit money your brokerage account
- Research Platinum Group Metals stock
- Make your PLG buy order
- Keep tabs on your PLG position
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in Platinum Group Metals, create a watchlist today.
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