Plutux
$1.51
-1.95%
2026-09-04 12:06:33 EDT-$0.03
Basic Materials
Other Precious Metals
AMEX
Active Trading

Platinum Group Metals Ltd. is primarily focused on the exploration and development of mineral deposits containing platinum and palladium. Its prospecting activities ...

Price Action

$1.51
-1.95%-$0.03
High
Low
52W High-62.6%
Rel. vol
Interval
Range2.2h
VolumeSMA5SMA10
Platinum Group Metals Ltd. (NYSE American: PLG) is a natural-resources company centered on platinum group metals (PGMs), particularly platinum and palladium. Its core operating thesis is to identify, develop, and advance mineral resources that can support future PGM production. A key strategic asset is the Waterberg Project, located on the ...Platinum Group Metals Ltd. (NYSE American: PLG) is a natural-resources company centered on platinum group metals (PGMs), particularly platinum and palladium. Its core operating thesis is to identify, develop, and advance mineral resources that can support future PGM production. A key strategic asset is the Waterberg Project, located on the Northern Limb of South Africa’s Western Bushveld complex—one of the world’s most important geological provinces for PGM deposits. The company holds a majority interest in the Waterberg Project (commonly cited at about 50%+), positioning it to be a long-term operator and developer of a bulk underground palladium/platinum system. From a business and project-development perspective, PLG’s activities span acquisition, exploration, and development of PGM properties, with ongoing work aimed at defining resources and advancing the projects toward eventual production. In addition to classical mining development activities, the company has articulated an additional growth avenue related to battery technology. By leveraging the characteristics of platinum and palladium, PLG seeks to participate in the electrification and energy-storage value chain, where PGMs can play specialized roles in catalyst and materials-based applications. In terms of cost structure and BOM considerations, PLG’s value creation is generally tied to exploration and development expenditures (geological studies, drilling, resource definition, engineering, and permitting) rather than consumer-style BOM inputs. Because it is a mining and development-stage operator, financial performance typically depends on capital allocation for project advancement and the pace at which resources convert into development-ready plans. The company’s financial profile (as reflected by the provided dataset) indicates profitability pressures and negative operating cash flow/FCF measures on a trailing basis, which is common for development-stage resource companies. Key leadership is led by Frank R. Hallam, who serves as President and CEO and is described in available materials as having extensive industry experience across mining, minerals, and petroleum, including operator/principal and founder roles. As a listed PGM-focused company headquartered in Vancouver, with project exposure in South Africa, PLG’s near-term “wishes” are typically centered on de-risking the Waterberg Project, progressing engineering and development milestones, securing necessary approvals and funding, and translating its technology/battery initiatives into credible, monetizable pathways alongside its mineral-development mandate.
Founded
2000
Employees
13
CEO
Frank R. Hallam
Full Name
Platinum Group Metals Ltd.
Sector
Basic Materials
Industry
Other Precious Metals
ROE
-7.11%
Market Cap
$0.19B
Current Ratio
58.49
WACC
13.92%
ROIC
-4.41%

Contact Information

16048995450
1100 Melville Street, Vancouver, BC V6E 4A6

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