PTM : Platinum Group Metals Ltd Stock Profile

Last Updated: 3/12/2024 0:47:16

Platinum Group Metals Ltd trades with the ticker PTM on the TSX and is in the Other Precious Metals & Mining industry.

Overview
Platinum Group Metals Ltd. engages in the exploration and development of platinum and palladium properties. It explores for palladium, platinum, gold, copper, nickel, and rhodium deposits. The company holds 50.02% interest in the Waterberg project located on the Northern Limb of the Bushveld Igneous Complex, South Africa. It also develops next-generation battery technology using platinum and palladium. Platinum Group Metals Ltd. was founded in 2000 and is headquartered in Vancouver, Canada.
 

Looking to invest in Platinum Group Metals Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

PTM.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $154.745MM

PE Ratio:

Price: 1.6 (Updated: 3/12/2024 0:47:16)



Platinum Group Metals Ltd (PTM) vs Competitors in Other Precious Metals & Mining

Lets see how PTM.TO stacks up against others in the Other Precious Metals & Mining asset management industry. We have identified its main peers as:

Avino Silver & Gold Mines Ltd, Golden Minerals Company, Alexco Resource Corp, China Gold International Resources Corp. Ltd, Dundee Corporation

.

Other Precious Metals & Mining Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Avino Silver & Gold Mines Ltd (ASM) $88.064 70.0 19.78 N/A%
Golden Minerals Company (AUMN) $7.606 N/A -0.518 N/A%
Alexco Resource Corp (AXU) $111.61 N/A -5.568 0.0%
China Gold International Resources Corp. Ltd (CGG) $2,854.181 55.385 39.036 0.0%
Dundee Corporation (DC-A) $81.502 N/A -53.705 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Other Precious Metals & Mining

  • Platinum Group Metals Ltd (PTM) vs Avino Silver & Gold Mines Ltd (ASM)
    • ASM has higher EPS (0.01 vs -0.08). PTM has a P/E under 0, indicating ASM (P/E 70.0) is in a better position.
  • Platinum Group Metals Ltd (PTM) vs Golden Minerals Company (AUMN)
    • PTM has higher EPS (-0.08 vs -2.27). AUMN and PTM both have P/E’s under 0.
  • Platinum Group Metals Ltd (PTM) vs Alexco Resource Corp (AXU)
    • PTM has higher EPS (-0.08 vs -0.124). AXU provides dividends, while PTM does not. AXU and PTM both have P/E’s under 0.
  • Platinum Group Metals Ltd (PTM) vs China Gold International Resources Corp. Ltd (CGG)
    • CGG has higher EPS (0.13 vs -0.08). CGG provides dividends, while PTM does not. PTM has a P/E under 0, indicating CGG (P/E 55.385) is in a better position.
  • Platinum Group Metals Ltd (PTM) vs Dundee Corporation (DC-A)
    • PTM has higher EPS (-0.08 vs -0.1). DC-A and PTM both have P/E’s under 0.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-28.61) than the industry average (-3.48), indicating attractive valuation.
 

How to Buy PTM stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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