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Platinum Group reports 2Q loss

VANCOUVER, British Columbia (AP) _ Platinum Group Metals Ltd. (PLG) on Monday reported a loss of $46.4 million in its fiscal second quarter.

The Vancouver, British Columbia-based company said it had a loss of 39 cents per share. Earnings, adjusted for asset impairment costs, were 8 cents per share.

In the final minutes of trading on Monday, the company's shares hit $1.53. A year ago, they were trading at $2.70.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLG at https://www.zacks.com/ap/PLG


Keywords: Platinum Group, Earnings Report