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Platinum Group Metals Ltd. (PLG)

NYSE American - NYSE American Delayed Price. Currency in USD
1.8500+0.0500 (+2.78%)
At close: 04:00PM EST
1.8900 +0.04 (+2.16%)
After hours: 06:53PM EST
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Bullishpattern detected
Price Crosses Moving Average

Price Crosses Moving Average

Previous Close1.8000
Bid1.8000 x 1100
Ask1.8900 x 1200
Day's Range1.7500 - 1.9000
52 Week Range1.2000 - 2.8400
Avg. Volume359,351
Market Cap184.178M
Beta (5Y Monthly)1.42
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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    Daily Spotlight: 3Q GDP Growth Revised UpwardIn a report this morning, the Commerce Department announced that third-quarter 2022 GDP advanced at a 2.9% rate -- up by three tenths of a percent from the advance estimate that was announced last month. As we typically do for the second estimate, let's take a closer look at the key contributing sectors to GDP. First, the Consumer. During the quarter, trends in this category were mixed, as spending on Services contributed materially to GDP growth but spending on Durable and Nondurable goods had a modestly negative impact. In the Investment category, capital expenditures on Intellectual Property Products extended a strong recent run, adding to GDP, as did capital expenditures on Equipment; meanwhile capital expenditures on Structures and Residences detracted. Exports were a bright spot. Net exports contributed to GDP for the first time in seven quarters, led by exports of both Goods and Services. Government Spending was also a contributor, as spending increased modestly on Defense, Nondefense, and at the state and local level. The third-quarter GDP report certainly indicates more signs of strength than the prior two quarters, but higher interest rates are likely to reduce demand in upcoming quarters.
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