PTM.TO - Platinum Group Metals Ltd.

Toronto - Toronto Delayed Price. Currency in CAD
2.8300
+0.4300 (+17.92%)
At close: 3:59PM EST
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Previous Close2.4000
Open2.4700
Bid2.8100 x 0
Ask2.8200 x 0
Day's Range2.4600 - 3.0700
52 Week Range1.3600 - 3.8600
Volume101,500
Avg. Volume33,411
Market Cap176.442M
Beta (5Y Monthly)0.59
PE Ratio (TTM)N/A
EPS (TTM)-0.2650
Earnings DateApr. 09, 2020 - Apr. 13, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.70
  • Newsfile

    Platinum Group Metals Ltd. Reports First Quarter Results

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 14, 2020) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports the Company's financial results for the three months ended November 30, 2019 and provides a summary of recent events and outlook.The Company is focused on advancing the palladium dominant Waterberg Project located on the North Limb of the Bushveld Complex in South Africa (the "Waterberg Project"). ...

  • Platinum Group Metals Ltd. Closes Non-Brokered Private Placement
    Newsfile

    Platinum Group Metals Ltd. Closes Non-Brokered Private Placement

    Vancouver, British Columbia, and Johannesburg, South Africa--(Newsfile Corp. - December 19, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports closing of the Company's previously announced non-brokered private placement of common shares at price of US $1.24 each. An aggregate of 3,225,807 common shares were subscribed for and issued resulting in gross proceeds to the Company of US $4.0 million (the "Private Placement"). A 6% cash ...

  • Platinum Group Metals Ltd. Announces Upsize to Non-Brokered Private Placement
    Newsfile

    Platinum Group Metals Ltd. Announces Upsize to Non-Brokered Private Placement

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - December 12, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports that the Company intends, subject to regulatory approval, to increase the size of its previously announced non-brokered private placement to an aggregate of up to 3,225,807 common shares of the Company at price of US$1.24 each for gross proceeds of US$4.0 million (the "Private Placement"). ...

  • Platinum Group Metals Ltd. Announces Non-Brokered Private Placement
    Newsfile

    Platinum Group Metals Ltd. Announces Non-Brokered Private Placement

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - December 11, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports that the Company intends, subject to regulatory approval, to offer and sell an aggregate 1,613,683 common shares of the Company at price of US$1.24 each for gross proceeds of US$2.0 million (the "Private Placement"). An existing major beneficial shareholder of the Company, Hosken Consolidated Investments ...

  • Platinum Group Metals Ltd. Reports Approval of Waterberg Definitive Feasibility Study by Joint Venture Partners
    Newsfile

    Platinum Group Metals Ltd. Reports Approval of Waterberg Definitive Feasibility Study by Joint Venture Partners

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - December 5, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports that the shareholders of Waterberg JV Resources (Pty) Limited ("Waterberg JV Co.") have today unanimously approved a recently completed Definitive Feasibility Study for the Waterberg Project (the "Waterberg DFS"). The Waterberg DFS was provided to the shareholders on September 4, 2019. The Waterberg ...

  • Newsfile

    Platinum Group Metals Ltd. Reports 2019 Annual Results

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - November 25, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports the Company's financial results for the year ended August 31, 2019 and provides an update and outlook. The Company has focused its business on the palladium dominant Waterberg Project located on the North Limb of the Bushveld Complex in South Africa (the "Waterberg Project"). ...

  • Baystreet

    Stocks in play: Platinum Group Metals Ltd.

    Reported on the significant advancement of the large Waterberg Palladium Project at a time of increasing ...

  • Newsfile

    Platinum Group Metals Ltd. Business Update

    Vancouver, British Columbia--(Newsfile Corp. - October 29, 2019) -  Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") is pleased to report on the significant advancement of the large Waterberg Palladium Project at a time of increasing prices and interest in palladium.On September 24, 2019 the Company reported the positive results of a Definitive Feasibility Study ("DFS") for its Waterberg Platinum and Palladium Project, located on the Northern Limb ...

  • Newsfile

    Platinum Group Metals Ltd. Files Waterberg Independent Definitive Feasibility Study Technical Report

    Vancouver, British Columbia--(Newsfile Corp. - October 7, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports that further to its news release dated September 24, 2019 announcing an Independent Definitive Feasibility Study ("DFS") on the Waterberg Project located in the Bushveld Igneous Complex, South Africa, it has today filed the associated National Instrument 43-101 technical report (the "DFS Technical Report"). The DFS Technical Report was ...

  • Platinum Group Metals Ltd. Announces Positive Independent Definitive Feasibility Study for the Waterberg Palladium Mine
    Newsfile

    Platinum Group Metals Ltd. Announces Positive Independent Definitive Feasibility Study for the Waterberg Palladium Mine

    IRR Post Tax of 20.7% at Spot Metal Prices Including an Estimated Smelter Discount (September 4, 2019)Proven and Probable Mineral Reserves Estimated at 19.5 Million Ounces of Palladium, Platinum, Gold and Rhodium for a Life of Mine Plan of 45 yearsAnnual Steady State Production of 420,000 Ounces of Palladium, Platinum Gold and Rhodium plus 16.7 million Pounds of Nickel and CopperFully Mechanised, Shallow, Decline-Accessed Mine would be One of the Largest and Lowest Cash ...

  • Newsfile

    Platinum Group Metals Closes US$10.4 Million Bought Deal Financing, US$9.2 and US$10 Million Private Placement Financings, Establishes a US$ 20 Million 2-3 Year Credit Facility and Repays Existing US$43 Million Credit Facility

    Vancouver, British Columbia--(Newsfile Corp. - August 21, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) (the "Company" or "Platinum Group Metals") announces the closing of its previously announced bought deal financing with BMO Capital Markets in the United States, under which the Company sold 8,326,957 common shares of the Company (the "Offered Shares") at a price of US$1.25 per Offered Share for gross proceeds of approximately US$10.4 million (the "Public Offering"). ...

  • Newsfile

    Platinum Group Metals Announces US$10.4 Million Bought Deal Financing, US$9.2 and US$10 Million Private Placements of Common Shares and Entry into a Payout Agreement and New US$20 Million Credit Facility

    Vancouver, British Columbia--(Newsfile Corp. - August 15, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) (the "Company" or "Platinum Group Metals") announces that it has entered into an agreement with BMO Capital Markets ("BMO") under which BMO has agreed to buy on a bought deal basis in the United States 8,326,957 common shares of the Company (the "Offered Shares"), at a price of US$1.25 per Offered Share for gross proceeds of ...

  • Newsfile

    Platinum Group Metals Ltd. Reports Third Quarter Results And Provides Waterberg Palladium Project Update

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - July 15, 2019) - 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, 2019 and provides a summary of recent events and outlook. For details of the condensed consolidated interim financial statements for the nine months ended May 31, 2019 (the "Financial Statements") and Management's Discussion ...

  • Newsfile

    Anglo American Platinum and Platinum Group Metals Ltd. Launch New Venture to Develop Next Generation Battery Technology

    Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - July 15, 2019) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group", "PTM" or the "Company") reports that Anglo American Platinum Limited ("Anglo American Platinum") and Platinum Group have launched a new venture, Lion Battery Technologies Inc. ("Lion"), to accelerate the development of next-generation battery technology using platinum and palladium. The possibility of creating additional demand for platinum and palladium in ...

  • GlobeNewswire

    Platinum Group Metals Ltd. Announces Appointment of Former Vale Executive Stuart Harshaw to Company’s Board of Directors

    PLG:NYSE American) (“Platinum Group” “PTM” or the “Company”) announced today that Mr. Stuart Harshaw, P.Eng., MBA, has been appointed to the Company’s board of directors, bringing the number of directors to seven.  Mr. Harshaw was the Vice President, Ontario Operations, for Vale Canada Limited (“Vale”) until 2017 where he was an innovative leader with international experience creating value within mining and natural resource operations around the globe. Platinum Group CEO R. Michael Jones commented, “We are very pleased to welcome Stuart Harshaw to the Board of the Company.  Mr. Harshaw’s extensive experience will be a tremendous asset to the Company as we work through the completion of a definitive feasibility study for the world class Waterberg Project.

  • GlobeNewswire

    Platinum Group Metals Ltd. Reports Second Quarter Results And Provides Waterberg Palladium Project Update

    The Company holds cash in Canadian dollars, United States dollars and South African Rand.  Changes in exchange rates may create variances in the cash holdings or results reported. The Company is focused on completing a Definitive Feasibility Study (“DFS”) for the large scale, palladium dominant and bulk mineable Waterberg Project in South Africa (the “Waterberg Project”).  The strong price outlook for palladium along with DFS optimization work have helped the Company to better estimate the potential mine scale for the Waterberg Project.  Optimization work has determined that higher extraction rates for mineralized material are achievable by using tailings as backfill.  See more details below in “Outlook”.

  • GlobeNewswire

    Hanwa Co. Ltd. Completes Acquisition of 9.755% Interest in Waterberg Palladium Project from JOGMEC Including Metal Marketing Rights

    PLG:NYSE American) (“Platinum Group” “PTM” or the “Company”) reports that the previously announced transaction between the Japan, Oil, Gas and Metals National Corporation (“JOGMEC”) and Hanwa Co. Ltd. (“Hanwa”) has been completed. In February 2018, JOGMEC held a public tender to transfer 9.755% of JOGMEC’s 21.95% interest in the Waterberg Project.  Hanwa successfully won the bid, whereupon Hanwa and JOGMEC started the process required to complete and finalize the transfer.

  • GlobeNewswire

    Platinum Group Metals Announces Positive Results of Annual General Meeting of Shareholders

    The meeting had a turnout of shareholders representing over 73% of its issued shares eligible to vote at the meeting.  Shareholders strongly supported the appointment of the Board and the resolutions proposed.