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Platinum Group Metals Ltd. Ordinary Shares (Canada) (PLG)

1.4900
+0.00 (0.00%)
NYSE · Last Trade: Aug 29th, 4:09 AM EDT
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Detailed Quote

Previous Close1.490
Open-
Bid1.490
Ask1.500
Day's RangeN/A - N/A
52 Week Range0.9900 - 2.270
Volume0
Market Cap112.03M
PE Ratio (TTM)-
EPS (TTM)-
Dividend & YieldN/A (N/A)
1 Month Average Volume571,474

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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 Fed's High-Wire Act: Balancing Rate Cut Demands, Stubborn Inflation, and Political Pressure
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
This South African Gold And Platinum Miner Is Up 150% YTD, But What If Sanctions Endbenzinga.com
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
Federal Reserve Navigates Divided Waters as Powell Hints at Rate Cuts Amidst Inflationary Pressures
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
Federal Reserve Poised for September Rate Cut Amidst High Market Expectations and Powell's Jackson Hole Address
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
Dow Jones Soars Towards Record Highs Amidst Easing Inflation and Rate Cut Hopes
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's Market Wrap: A Day of Rallies, Rate Cut Hopes, and Shifting Fortunes
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
Rate Cut Hopes Soar: Weak Jobs Data Fuels Expectations for September Fed Action
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