Platinum Group Metals Ltd. Ordinary Shares (Canada) (PLG)
1.4800
-0.0200 (-1.33%)
NYSE · Last Trade: Aug 14th, 2:01 AM EDT
Detailed Quote
| Previous Close | 1.500 |
|---|---|
| Open | 1.510 |
| Bid | 1.490 |
| Ask | 1.570 |
| Day's Range | 1.480 - 1.530 |
| 52 Week Range | 0.9900 - 2.270 |
| Volume | 512,424 |
| Market Cap | 111.28M |
| PE Ratio (TTM) | - |
| EPS (TTM) | - |
| Dividend & Yield | N/A (N/A) |
| 1 Month Average Volume | 1,001,245 |
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About Platinum Group Metals Ltd. Ordinary Shares (Canada) (PLG)
Platinum Group Metals Ltd is a mining and exploration company focused on the acquisition, development, and production of platinum and palladium resources. The company primarily operates in southern Africa, where it seeks to unlock the potential of its diverse mineral assets. Through advanced mining techniques and sustainable practices, Platinum Group Metals aims to meet the growing global demand for these precious metals, which are essential in various industries, including automotive, electronics, and jewelry. The company is committed to maximizing shareholder value while ensuring responsible environmental stewardship and community engagement in the regions it operates. Read More
News & Press Releases
The Dow Jones Industrial Average (DJIA) has demonstrated remarkable strength, surging by 1.1% or 483.52 points to close at 44,458.61. This significant rally places the venerable blue-chip index within a mere 1.4% of its all-time high, which was recorded in December 2024 when it surpassed
Via MarketMinute · August 13, 2025
Today, financial markets experienced a significant uplift, with a broad-based rally sweeping across major indices. The surge was primarily fueled by fresh inflation data that suggested a cooling economy, intensifying hopes for imminent interest rate cuts by the Federal Reserve. This shift in monetary policy expectations has injected a renewed
Via MarketMinute · August 13, 2025
Market optimism for a Federal Reserve interest rate cut in September 2025 has surged dramatically, following the release of weaker-than-expected jobs data and significant downward revisions to previous employment figures. This shift in the economic landscape has solidified expectations among investors and analysts, with the CME FedWatch tool now indicating
Via MarketMinute · August 11, 2025
Saxo Bank Foresees Further Bullish Movement for Gold This Year
After the price of gold climbed to historic levels during the first half of this year and has since been trading sideways for several weeks in a row, many investors could be wondering whether the bull run has now completed its course and they should take their profits before a trend reversal occurs. Saxo Bank thinks the horizontal price movement is just a pause and there is plenty of room for additional upward movement .
Via Investor Brand Network · August 11, 2025
RockBreaks – AI-Driven Energy Demands Highlight Strategic Value of Platinum Group Metals Ltd.’s (NYSE American: PLG) (TSX: PTM) Waterberg Project
As the rise of AI-generated services places extreme pressure on the global power grid, Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is positioned for opportunity. “With data center electrification and sustainability both climbing corporate and regulatory agendas, platinum is emerging as a strategically essential asset. PLG’s Waterberg Project is among the largest and lowest-cost undeveloped platinum group metal resources in the world,” reads a recent article. “In the long run, AI and data-center growth are expected to pressure not just electricity infrastructure but also critical metal supply chains. Platinum’s dual role — as a core catalyst material in PEM systems and as a resilient industrial metal with unique properties — makes it vital to the emerging energy-intelligence economy. As demand for clean, resilient power scales, PLG’s Waterberg positioning and upstream investments align tightly with global market dynamics.”
Via Investor Brand Network · August 8, 2025
Gold Makes Modest Gains as Rate Cut Expectations Strengthen
The start of the week saw the price of gold surge after economic data released last week boosted expectations of the Federal Reserve reducing rates of interest. U.S. gold futures saw their price hit $3426.40 per ounce, representing a 0.8% increase. Spot gold also saw its price surge to $3372.15 an ounce, a 0.3% increase.
Via Investor Brand Network · August 8, 2025
Billionaire Asset Manager Recommends Putting 15% of a Portfolio in BTC, Gold
Veteran hedge-fund manager Ray Dalio recently advised investors to apportion at least 15% of their portfolios to Bitcoin and gold. Dalio, who was recently hosted by The Master Investor Podcast, explained that macroeconomic risks, particularly those tied to ballooning government debt, hadn’t yet fully reflected in market prices.
Via Investor Brand Network · July 31, 2025
Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Highlights Rising Importance of Platinum in Electrical, Clean-Energy Applications
As global industries search for scalable and sustainable energy solutions, platinum has emerged as a critical component in the future of electrical applications. Platinum Group Metals (NYSE American: PLG) (TSX: PTM), is well positioned to help meet this growing demand through its strategic operations in South Africa’s platinum-rich Bushveld Complex.
Via Investor Brand Network · July 28, 2025
Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Taps into AI-Fueled Data Center Surge
The rapid expansion of AI applications is igniting an unprecedented demand for data center capacity, and Platinum Group Metals (NYSE American: PLG) (TSX: PTM), a prominent platinum explorer and developer, is working to develop a supply of platinum crucial for powering the future of clean, resilient electrical infrastructure. Amid this AI-driven energy surge, platinum is central to hydrogen fuel cells and advanced electrical components, marking PLG as a potential player in meeting tomorrow’s power needs.
Via Investor Brand Network · July 23, 2025
China Slashes Electricity Generation Emissions to Record Levels
The first half of the year has seen utilities in China decrease their emissions from electricity production to new lows as clean power generation continues to increase. Figures from electricitymaps.com show that for every kilowatt hour of electricity generated, CO2 emissions averaged 492g.
Via Investor Brand Network · July 22, 2025
InvestorNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Updates Waterberg Project Progress, Reports $3.4 Million Nine-Month Loss
Platinum Group Metals (NYSE American: PLG) (TSX: PTM) focused on advancing its Waterberg Project in South Africa, reported a net loss of $3.4 million for the nine months ended May 31, 2025, down from $4.02 million year over year. The company aims to move the fully mechanized PGM mine to a development decision, backed by construction financing and offtake agreements. PTM also highlighted ongoing collaboration with Valterra and FIU via Lion Battery Technologies to explore battery applications using platinum and palladium. Recent financing activities included a $1 million private placement with HCI and $12.3 million raised through its 2025 at-the-market program. The company is evaluating concentrate processing options, including a proposed Saudi Arabian smelter and a matte furnace in South Africa. PTM’s updated Waterberg DFS supports the project’s large-scale, low-cost potential, while its 2024 ESG rating from Digbee came in at BBB.
Via Investor Brand Network · July 14, 2025
Gold Rises as Trump Makes Tariff Announcements
On Friday, gold registered solid gains after Trump made new tariff announcements targeting Canada, and the president also broadened his tariff threats on other countries the U.S. trades with. Gold futures made gains of 0.7 percent to reach $3,349 early on Friday while spot gold saw gains of 0.4 percent to reach $3,336 an ounce.
Via Investor Brand Network · July 14, 2025
Why Thefts of Catalytic Converters Have Plummeted in the US
Catalytic converters contain a catalyst that helps convert pollutants like smog in exhaust systems into less harmful ones. Most vehicles that run on gasoline, including buses, trucks, motorcycles and automobiles have exhaust systems that use catalytic converters. In 2022, 5548 converters were stolen from motor vehicles in New York City.
Via Investor Brand Network · July 11, 2025
Gold Completes its Best Six Months Since 2007
The price of gold bounced back at the start of the week, beginning the month with 25.7% in gains thus far into the year. Spot gold saw its price rise to $3281 an ounce, with experts arguing that the precious metal’s performance these past 6 months may be its best since the global financial crisis hit in 2007.
Via Investor Brand Network · July 7, 2025
MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Positioning at Confluence of Demand, Technological Innovation
Platinum Group Metals (NYSE American: PLG) (TSX: PTM) was featured in a recent article discussing substantial deficit in the platinum market and a sharp rally in prices due to the tightening supply-demand balance. The piece reads, “Platinum Group Metals is working to address a portion of the world’s platinum need. The company’s Waterberg project, on the Northern Limb of South Africa’s Bushveld Complex — the planet’s prime platinum reserve — is being advanced toward development and construction. The September 2024 Waterberg DFS update shows Waterberg is being designed as a fully mechanized, underground mine targeting platinum as well as other key metals, including palladium, rhodium and gold, (‘4E’ or ‘PGM’) with copper and nickel byproducts.”
Via Investor Brand Network · July 3, 2025
RockBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Advancing Strategic Path in Resurging Market
Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is well positioned as platinum and palladium prices have gained considerable momentum in recent weeks, driven largely by a resurgence in demand from China’s jewelry sector and increasing concern over global supply constraints. “With a strong asset base and an advanced development project in South Africa, the company is pursuing a strategic path toward becoming an important supplier in a resurging PGM market,” reads an article discussing the company. “Platinum Group Metals is making meaningful strides through its flagship Waterberg Project, a large-scale palladium-dominant deposit located on the Northern Limb of South Africa’s renowned Bushveld Igneous Complex. The company holds an effective 50.16% interest in the project, which is joint ventured with industry heavyweights Impala Platinum Holdings Limited (‘Implats’), Hanwa Co. Ltd. and the Japan Organization for Metals and Energy Security (‘JOGMEC’).”
Via Investor Brand Network · June 26, 2025
Ford Warns of Possible Battery Job Losses if US EV Tax Credits are Scrapped
Ford Motor has warned that jobs could be lost at its EV battery in Michigan if Congress pegs back the existing subsidies to firms manufacturing clean energy products. The manufacturing plant is slated to start operating next year and anticipates hiring 1,700 employees when production commences.
Via Investor Brand Network · June 25, 2025
Gold Edged Lower While Trump Was Undecided on Attacking Iran
By the end of last week, the price of gold had dropped to $3,368. Despite the drop, the global economic backdrop continues to favor the precious metal, with rising geopolitical tensions and increasing demand from central banks providing support.
Via Investor Brand Network · June 24, 2025
Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Advances Waterberg Project Amid Third Straight Year of Platinum Deficits
The platinum market is entering its third straight year of major structural supply deficits—a situation that is adding both pressure and opportunity for players such as Platinum Group Metals (NYSE American: PLG) (TSX: PTM), a development-stage mining company focused on its flagship Waterberg project in South Africa to help unlock new platinum supply while exploring innovative industrial applications for platinum and palladium.
Via Investor Brand Network · June 18, 2025
Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Poised to Capitalize on Rising Platinum, Palladium Prices Amid Renewed Demand
In recent weeks, platinum and palladium prices have gained considerable momentum, driven largely by a resurgence in demand from China’s jewelry sector and increasing concern over global supply constraints. Platinum Group Metals (NYSE American: PLG) (TSX: PTM), a development-stage mining company focused exclusively on platinum group metals (“PGMs”), is well positioned to capitalize on these favorable conditions. With a strong asset base and an advanced development project in South Africa, the company is pursuing a strategic path toward becoming an important supplier in a resurging PGM market.
Via Investor Brand Network · June 16, 2025
Gold Holds Steady as Dedollarization Picks Pace
The price of gold remained unchanged as the week began, after it experienced a brief drop below $3300 an ounce in the last few days. Similarly, the precious metal’s price in euros and pounds dropped slightly to €2902 and £2443 per ounce, respectively.
Via Investor Brand Network · June 12, 2025
Protests Push Indonesian Government to Cancel Nickel Mining Licenses in Raja Ampat
Indonesia, the top producer of nickel in the world, has revoked the mining permits of four companies that had been cleared to conduct operations within Raja Ampat in the east of Papua. The revocation was communicated by the energy minister.
Via Investor Brand Network · June 11, 2025
RockBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Positioning at the Center of Critical Materials, Innovation
Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is strategically positioning itself for growth amid strong palladium market dynamics, driven by constrained supply and continued industrial demand. With palladium essential in automotive, electronics, and emerging clean energy applications, the company is advancing the Waterberg Project in South Africa—one of the largest undeveloped primary palladium and platinum projects globally. In partnership with Anglo American Platinum Limited, PLG is also investing in future-focused innovation through Lion Battery Technologies, which explores the use of platinum and palladium in next-generation lithium battery technologies. Among the few companies combining traditional mining development with tech-driven diversification, Platinum Group Metals offers a compelling opportunity in the evolving critical materials market.
Via Investor Brand Network · June 6, 2025
New Battery Tech Could Revolutionize Aviation
The electric car revolution has gained significant momentum in the recent years as countries around the world continue to phase out fossil fuels in favor of renewable energy. While the adoption of electric cars has made impressive strides, the aviation industry has lagged. The lack of growth in battery technology in this particular sector may be attributed to bulky Li-ion batteries and the fact that battery tech is currently unable to meet the power demands of airliners.
Via Investor Brand Network · June 3, 2025
MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Closes $1 Million Private Placement with HCI
Platinum Group Metals (NYSE American: PLG) (TSX: PTM) has closed a US$1.008 million non-brokered private placement with major shareholder Hosken Consolidated Investments Limited (“HCI”) via its subsidiary Deepkloof Limited. The transaction, completed May 29, 2025, involved the issuance of 800,000 common shares at US$1.26 per share, restoring HCI’s ownership to 26%. Proceeds will support pre-construction and engineering work at the Waterberg Project in South Africa, along with general corporate purposes. As HCI is a related party, the deal qualifies for exemptions under MI 61-101 and was negotiated on an expedited basis.
Via Investor Brand Network · May 30, 2025