PLG
Platinum Group MetalsPLG
PLG
About: Platinum Group Metals Ltd is the operator of the Waterberg Project, a bulk underground PGM deposit located in South Africa. Waterberg was discovered by Platinum Group and is being jointly developed with Implats, the Japan Oil, Gas and Metals National Corporation (JOGMEC) and Hanwa Co. Ltd. Waterberg has the potential to be a large-scale, low-cost producer of palladium, platinum, rhodium, and gold. Geographically, it operates in Canada and South Africa.
Employees: 8
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
8% more funds holding
Funds holding: 36 [Q2] → 39 (+3) [Q3]
0.16% more ownership
Funds ownership: 14.77% [Q2] → 14.93% (+0.16%) [Q3]
7% less capital invested
Capital invested by funds: $25.5M [Q2] → $23.8M (-$1.75M) [Q3]
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
64% less call options, than puts
Call options by funds: $12K | Put options by funds: $33K
Research analyst outlook
We haven’t received any recent analyst ratings for PLG.
Financial journalist opinion
Based on 4 articles about PLG published over the past 30 days
Neutral
Newsfile Corp
2 weeks ago
Platinum Group Metals Ltd. Enters Into At-The-Market Equity Distribution Agreement
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - December 5, 2024) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group", "PTM" or the "Company") reports that it has entered into a new equity distribution agreement effective as of December 5, 2024 (the "Distribution Agreement") with BMO Nesbitt Burns Inc. and Beacon Securities Limited (the "Canadian Agents") and BMO Capital Markets Corp. (the "U.S. Agent" and together with the Canadian Agents, the "Agents") for a new at-the-market equity program ("2024 ATM Program").
Neutral
Newsfile Corp
3 weeks ago
Platinum Group Metals Ltd. Reports 2024 Annual Results
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - November 27, 2024) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group", "PTM" or the "Company") reports the Company's financial results for the fiscal year ended August 31, 2024, and provides an update and outlook.
Neutral
Newsfile Corp
3 weeks ago
Platinum Group Metals Ltd. and Ajlan & Bros Company for Mining Enter Memorandum of Understanding with the Ministry of Investment of Saudi Arabia as Part of the Global Supply Chain Resilience Initiative for a Proposed PGM Smelter and Base Metal Refinery in Saudi Arabia
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - November 26, 2024) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports that a memorandum of understanding ("MOU") has been executed between the Company, Ajlan & Bros Company for Mining, a subsidiary of Ajlan & Bros Holding ("Ajlan"), and the Ministry of Investment of Saudi Arabia ("MISA") as a part of the Global Supply Chain Resilience Initiative ("GSCRI"), for the setup of a proposed platinum group metals smelter ("PGM Smelter") and base metal refinery ("BMR") to be located in Saudi Arabia.
Neutral
GlobeNewsWire
4 weeks ago
Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Well Positioned in Growing PGM Space Thanks to Flagship Project
NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- via InvestorWire — Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) today announces its placement in an editorial published by NetworkNewsWire (NNW), one of 70+ brands within the Dynamic Brand Portfolio at IBN a cutting-edge communications and digital engagement platform with a focus as a multifaceted content creator, publisher, and news distributor providing tailored Platform Solutions for select private and public companies to amplify visibility and recognition with large, diverse audiences of investors.
Neutral
GlobeNewsWire
1 month ago
Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Focused on Becoming Emerging Leader in PGM Sector
NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- via InvestorWire — Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) today announces its placement in an editorial published by NetworkNewsWire (NNW), one of 70+ brands within the Dynamic Brand Portfolio at IBN a cutting-edge communications and digital engagement platform with a focus as a multifaceted content creator, publisher, and news distributor providing tailored Platform Solutions for select private and public companies to amplify visibility and recognition with large, diverse audiences of investors.
Neutral
Newsfile Corp
1 month ago
Platinum Group Files Final Base Shelf Prospectus
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - November 13, 2024) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group", "PTM" or the "Company") announces that it has filed a final short form base shelf prospectus (the "Shelf Prospectus") with the securities regulatory authorities in each of the provinces and territories of Canada and a corresponding registration statement on Form F-10 (the "Registration Statement") with the United States Securities and Exchange Commission ("SEC") under the Multijurisdictional Disclosure System established between Canada and the United States.
Neutral
Newsfile Corp
2 months ago
Platinum Group Metals Ltd. Files Waterberg Independent Definitive Feasibility Study Update Technical Report
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - October 9, 2024) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports that further to its news release dated September 16, 2024, announcing an Independent Definitive Feasibility Study ("2024 DFS") on the Waterberg Project located in the Bushveld Igneous Complex, South Africa, it has today filed the associated technical report (the "DFS Technical Report") in compliance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101").
Positive
Kitco
2 months ago
Platinum Group Metals advances its Waterberg PGM project in South Africa
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
Neutral
Newsfile Corp
3 months ago
Platinum Group Metals Ltd. Announces Positive Independent Definitive Feasibility Study Update for the Waterberg Mine
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - September 16, 2024) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") announces positive results from an Independent Definitive Feasibility Study Update ("2024 DFS") for the Waterberg Mine (the "Waterberg Project") completed by a team of specialists including international engineering firm Stantec Consulting International Ltd.
Neutral
Newsfile Corp
5 months ago
Platinum Group Metals Ltd. Reports Third Quarter Results
Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - July 11, 2024) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group", "PTM" or the "Company") reports the Company's financial results for the nine months ended May 31, 2024, and provides an update and outlook.
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