Platinum Group Metals Ltd. Ordinary Shares (Canada) (PLG)
1.6600
+0.0400 (2.47%)
NYSE · Last Trade: Sep 6th, 11:02 AM EDT
Detailed Quote
| Previous Close | 1.620 |
|---|---|
| Open | 1.680 |
| Bid | 1.640 |
| Ask | 1.700 |
| Day's Range | 1.620 - 1.700 |
| 52 Week Range | 0.9900 - 2.270 |
| Volume | 738,909 |
| Market Cap | 124.81M |
| PE Ratio (TTM) | - |
| EPS (TTM) | - |
| Dividend & Yield | N/A (N/A) |
| 1 Month Average Volume | 674,590 |
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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
MissionIRNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Eyes Expanded 4E Reserves, Cost Efficiencies at Waterberg
Platinum Group Metals (NYSE American: PLG) (TSX: PTM) released its updated Definitive Feasibility Study (“DFS”) for the Waterberg Project, underscoring its scale and economic strength. “The newest DFS updates the original 2019 Waterberg DFS and was prepared by leading engineering firms Stantec and DRA, with South Africa based Fraser McGill providing project management oversight,” reads a recent article. “Among its headline outcomes, the updated study revealed a 20% increase in proven and probable mineral reserves, totaling 23.41 million ounces of combined platinum, palladium, rhodium and gold (‘4E’) across a 54-year mine life. The report also incorporated enhancements that lowered both capital and operating costs, streamlining the construction and ramp-up schedule.”
Via Investor Brand Network · September 5, 2025
Texas Beats California in Electricity Generation
The energy sector in the state of Texas outperforms California when it comes to generating electricity, with higher reliability and lower prices. While this is commendable, the government interfering with the sector may see so many of these benefits come undone.
Via Investor Brand Network · September 5, 2025
Recent shifts in the U.S. labor market, marked by a significant deceleration in private sector hiring and an uptick in jobless claims, are sending clear signals across financial markets. These crucial economic indicators are not only reshaping investor sentiment but are also proving pivotal in guiding the Federal Reserve's
Via MarketMinute · September 4, 2025
Financial markets are currently buzzing with intense anticipation, as a significant majority of investors and analysts are now forecasting a 25 basis-point interest rate cut by the Federal Reserve at its upcoming Federal Open Market Committee (FOMC) meeting on September 16-17, 2025. This widely expected move would mark a pivotal
Via MarketMinute · September 2, 2025
The Federal Reserve finds itself at a critical juncture, navigating a treacherous path between aggressive market demands for interest rate cuts and the persistent realities of an economy that defies easy categorization. While financial markets have been consistently pricing in a series of rate reductions, the central bank is grappling
Via MarketMinute · August 28, 2025
Gold Steadies as Traders Await Fed Rate Decision
The price of gold is holding steady this week while the price of silver dropped slightly as traders turned their focus to the Fed’s next move. September silver futures saw their price drop to $38.83 while December gold futures rose to $3420 an ounce.
Via Investor Brand Network · August 28, 2025
Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) DFS Update Underscores Waterberg Project Scale, Economic Strength
Independent feasibility studies are the cornerstone of responsible mining, providing the rigorous analysis needed to determine whether a mineral deposit can be developed economically, safely and sustainably. The studies serve as the industry’s reality check, balancing opportunity with practicality, and help ensure that mining projects are designed for long-term success. Platinum Group Metals (NYSE American: PLG) (TSX: PTM) illustrated this process with its independent Definitive Feasibility Study (“DFS”) for the Waterberg Project, a comprehensive evaluation by independent qualified persons that highlights how thorough planning can optimize mine economics, reduce operational risks and inform strategic decision-making.
Via Investor Brand Network · August 28, 2025
Platinum is up over 50% year to date. One minor in South Africa that trades OTC has benefited from Russian sanctions. A look at Sibanye Stillwater vs rivals.
Via Benzinga · August 27, 2025
EIA Says At Least 50% of Additional Power Capacity in 2025 Will Be Solar
According to the United States Energy Information Administration, developers indicate that half of new electricity generation capacity that will be brought online this year will come from solar energy . This conclusion was made from the findings of a recent survey that was conducted by the EIA.
Via Investor Brand Network · August 25, 2025
The financial world is abuzz with anticipation as the Federal Reserve grapples with a complex economic landscape, balancing persistent inflation concerns against a softening labor market. Market participants are keenly focused on the prospect of interest rate cuts, a sentiment further amplified by Federal Reserve Chair Jerome Powell's recent remarks
Via MarketMinute · August 22, 2025
MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Positioned to Power the Future of Clean Energy
Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is poised to meet growing demand as global industries search for scalable and sustainable energy solutions, and platinum has emerged as a critical component in the future of electrical applications. “The company’s primary focus is the development of large-scale platinum group metal resources in the Bushveld Complex, a region responsible for producing roughly 75% of the world’s platinum supply,” reads a recent article. “The company’s flagship project, the Waterberg Project, is one of the newest and largest undeveloped PGM resources in South Africa. It is specifically designed to support low-cost, bulk mechanized mining, ideal for supplying high volumes of platinum to markets increasingly driven by technological and environmental innovation.”
Via Investor Brand Network · August 21, 2025
Investor sentiment is overwhelmingly pointing towards a significant shift in the Federal Reserve's monetary policy, with a near-certainty of a 25-basis-point interest rate cut anticipated at its September meeting. This widespread expectation, currently hovering around a 92% probability, is sending ripples through financial markets, influencing everything from stock valuations to
Via MarketMinute · August 19, 2025
Smuggled Mercury Highlights the Magnitude of Illicit Amazon Gold Mining
Recent reports show that mercury is increasingly being used in illegal gold mining zones across the Amazon. SUNAT, a customs agency, announced that they had seized 4 metric tons of the toxic metal at the Callao Port Terminal in Peru. In a statement, the agency highlighted that the seizure prevented mercury from severely impacting the health of individuals as well as the environment, as can be observed in parts of the country where the chemical is being used for illegal mining.
Via Investor Brand Network · August 19, 2025
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