|Bid||0.125 x 0|
|Ask||0.135 x 0|
|Day's Range||0.125 - 0.135|
|52 Week Range||0.120 - 0.890|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 11, 2018 - Jan 15, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.23|
The Vancouver, British Columbia-based company said it had a loss of 6 cents per share. Losses, adjusted for non-recurring costs, came to 5 cents per share. The company's shares closed at 10 cents. A year ...
As previously reported, the Company has refocused its business on the large scale, bulk mineable Waterberg Project in South Africa (the “Waterberg Project”). Impala Platinum Holdings Ltd. (“Implats”) made a strategic investment of $30.0 million in November 2017 to purchase a 15% stake in the project. For more information see news releases dated October 16, 2017 and November 6, 2017. PTM remains project operator for a Definitive Feasibility Study (“DFS”) supervised by a technical committee comprised of members from each joint venture partner. A DFS resource drilling program was largely completed in May 2017. DFS engineering work is advancing well and as planned at present. During 2017 the Company made the decision to sell its rights and interests in the Maseve Mine. On September 6, 2017 the company announced a sale to Royal Bafokeng Platinum Ltd. (“RBPlat”) in a transaction valued at approximately $74 million (the “Maseve Sale Transaction”). Definitive agreements were completed on November 23, 2017 and the two stage Maseve Sale Transaction was completed on April 26, 2018.
Platinum Group Metals Ltd. (PTM.TO) (NYSE American:PLG) (“Platinum Group”, “PTM” or the “Company”) reports that the NYSE American (the “Exchange”) has notified the Company that its plan to regain compliance with the continued listing requirements of the Exchange has been accepted. As previously disclosed, the Company is not in compliance with the continued listing standards set forth in Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the NYSE American Company Guide (the “Company Guide”) with respect to stockholders’ equity, or in Section 1003(f)(v) of the Company Guide with respect to the selling price of the Company’s common shares. On June 21, 2018, the Exchange notified the Company that it had accepted the Company’s plan of compliance and granted the Company an extension until November 23, 2018 to regain compliance with the requirements of Section 1003(f)(v) of the Company Guide and until October 10, 2019 to regain compliance with Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the Company Guide.
Platinum Group Metals Ltd. (PTM.TO) (NYSE American:PLG) (“Platinum Group”, “PTM” or the “Company”) Metals is pleased to announce that Waterberg JV Resources (Pty) Ltd. (“Waterberg JV Co.”), the operating company of the Waterberg Joint Venture, has entered into an agreement with the Capricorn District Municipality to jointly develop a water supply management plan to increase the water supply and infra structure capacity for both local community and Waterberg Mine usage. This public-private partnership will benefit both the mine and the communities around the mining area. Capricorn District Municipality has identified ground water resources proximal to the newly discovered Waterberg bulk mineable palladium-platinum-gold and rhodium project. At the pre-feasibility stage independent specialists identified potential water resources for both the mine and local communities. The joint responsible management of the water resources is the objective of the agreement.
VANCOUVER, B.C. and JOHANNESBURG, South Africa, May 29, 2018-- Platinum Group Metals Ltd. announces that work on a Definitive Feasibility Study being completed by Waterberg JV Resources Ltd., with the ...
Of the 39,999,999 units acquired, 24,909,000 units were acquired pursuant to PTM's Canadian final prospectus supplement dated May 11, 2018 to its short form short form base shelf prospectus dated October 14, 2016 , and 15,090,999 units were acquired on a private placement basis. Each unit acquired by HCI consists of one common share and one common share purchase warrant, with each common share purchase warrant entitling HCI to purchase one additional common share of PTM at a price of US$0.17 for a period of 18 months until November 15, 2019 .
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 9 cents. Losses, adjusted for non-recurring costs, were 4 cents per share. In the final minutes of trading on Wednesday, ...
I am going to take a deep dive into Platinum Group Metals Ltd’s (TSX:PTM) most recent ownership structure, not a frequent subject of discussion among individual investors. Ownership structure hasRead More...