Platinum Group Metals Ltd. (PLG)
Platinum Group Metals Ltd. operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $1.52, down 4.40% on the session, giving a market capitalisation of $194.4M. On trailing twelve-month figures it carries a trailing P/E of -43.80, a net margin of 0.0%. Its beta of 1.99 implies it has historically moved more than the broad market.
Platinum Group Metals Ltd. is primarily focused on the exploration and development of mineral deposits containing platinum and palladium. Its prospecting activities also extend to identifying resources of gold, copper, nickel, and rhodium. A significant asset for the company is its 50.02% interest in the Waterberg project, which is strategically located on the Northern Limb of South Africa's Western Bushveld complex. Beyond its traditional mining operations, Platinum Group Metals Ltd. is also pioneering the development of advanced battery technology that leverages both platinum and palladium. The company was established in 2000 and maintains its corporate headquarters in Vancouver, Canada.
Platinum Group Metals Ltd. is most often compared with the following Basic Materials names: