Platinum Group Metals Ltd. engages in the acquisition, exploration, and development of platinum and palladium properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2001-03-06. The firm is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa. The Waterberg Project is located on the Northern Limb of the Bushveld Igneous Complex, approximately 85 kilometers (km) north of the town of Mokopane. The Waterberg Project covers an area of approximately 29,161 hectares (ha) consisting of the Waterberg Mining Right, one active prospecting right, and one application for the incorporation of two adjacent farms into the Waterberg Mining Right. Of the total project area, 20,482 ha are covered by the Waterberg Mining Right. Waterberg is a joint venture between the Company, Impala Platinum Holdings Ltd., HJ Platinum, which consists of JOGMEC (Japan Oil, Gas and Metals National Corporation) and Hanwa Co. and Black Economic Empowerment (BEE) partner Mnombo Wethu Consultants (Pty) Ltd.
Follow-Up Questions
Who is the CEO of Platinum Group Metals Ltd?
Mr. Frank Hallam is the President of Platinum Group Metals Ltd, joining the firm since 2002.
What is the price performance of PLG stock?
The current price of PLG is $1.86, it has decreased 0.26% in the last trading day.
What are the primary business themes or industries for Platinum Group Metals Ltd?
Platinum Group Metals Ltd belongs to Metals & Mining industry and the sector is Materials
What is Platinum Group Metals Ltd market cap?
Platinum Group Metals Ltd's current market cap is $209.1M
Is Platinum Group Metals Ltd a buy, sell, or hold?
According to wall street analysts, 4 analysts have made analyst ratings for Platinum Group Metals Ltd, including 1 strong buy, 4 buy, 1 hold, 0 sell, and 1 strong sell
