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Platinum Group Metals Ltd. (PLG) stock has reached a new 52-week low, trading at $1.05, as the company faces a challenging market environment. According to InvestingPro data, the company has not been profitable over the last twelve months, while operating with a moderate level of debt. This latest price point reflects a significant downturn from the previous year, with the stock experiencing a 1-year change of -29.29%. Investors are closely monitoring the company’s performance, as the current market conditions continue to test the resilience of the metals sector. InvestingPro analysis reveals high price volatility, with 8 additional key insights available to subscribers. The 52-week low serves as a critical indicator for both the company and its investors, signaling a period of reflection and potential strategy reassessment to navigate through the prevailing economic headwinds. While the company maintains strong liquidity with liquid assets exceeding short-term obligations, analysts do not anticipate profitability this year.
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