Is PLG a good company?
Is PLG a good company?
Platinum Group Metals Limited (NYSE:PLG) is not the least popular stock in this group but hedge fund interest is still below average. Our calculations showed that top 20 most popular stocks among hedge funds returned 41.3% in 2019 and outperformed the S&P 500 ETF (SPY) by 10 percentage points.
What is the stock price of platinum?
Live Platinum Price
| Platinum Price Last Week | |
|---|---|
| Current Price | $34,551.12 |
| Week High | $36,888.16 |
| Week Low | $34,069.50 |
| Week Change | -$1,225.43 (3.43%) |
What group is platinum?
It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. Its name is derived from the Spanish term platino, meaning “little silver”. Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements.
How can I invest in platinum stocks?
To gain exposure to the metal, investors may purchase platinum bars or coins, platinum futures contracts, or shares of platinum mining companies. Another option is a platinum exchange-traded fund (ETF).
How much is a ton of platinum worth?
How Much is 1 Ton of Platinum Worth?
| 1 Ton of Platinum is Worth | |
|---|---|
| U.S. dollars (USD) | 30,124,792 |
| Euros (EUR) | 25,537,167 |
| British pounds (GBP) | 21,740,833 |
Are platinum bars a good investment?
Platinum is also rarer and harder to mine than gold since it is found deeper in the Earth’s core. This combination of short supply and broad demand should make for a lucrative investment opportunity, but investing in platinum is not for the faint of heart.
How does PLG stock price relate to dividend?
A company’s dividend expressed as a percentage of its current stock price. PLG is not currently paying a regular dividend. The total number of shares of a security that have been sold short and not yet repurchased. Percentage change in short interest from the previous report to the most recent report.
Who is the founder of platinum group metals?
Platinum Group Metals Ltd. operates as a mining company. It focuses on production of platinum and palladium. The firm deals with waterberg project located on the Northern Limb of the Bushveld Complex in South Africa. The company was founded by R. Michael Jones on January 10, 2000 and is headquartered in Vancouver, Canada.
Where are platinum group metals located in South Africa?
The Waterberg PGM Project, located in South Africa on the northern limb of the Bushveld Complex, is a large-scale platinum group metal resource with an attractive risk profile given its shallow nature. The project facilitates fully mechanised production with the potential to have among the lowest operating costs in the PGM sector.
What are platinum palladium and rhodium used for?
Since the 1970s, platinum, palladium and rhodium have been used for catalytic converters — an exhaust emission control device that reduces toxic pollutants in exhaust gas from an internal combustion engine into less-toxic pollutants. The bulk of global PGMs are mined in South Africa and Russia.
What kind of metals does platinum group metals produce?
Platinum Group Metals Ltd. (NYSE: PLG) is a mining and technology company focused on the production of platinum, palladium and rhodium and the use of these metals in emerging battery chemistries. Precious Metals and the Waterberg PGM Project Platinum group metals (PGMs) include platinum, palladium, rhodium, iridium, osmium and ruthenium.
A company’s dividend expressed as a percentage of its current stock price. PLG is not currently paying a regular dividend. The total number of shares of a security that have been sold short and not yet repurchased. Percentage change in short interest from the previous report to the most recent report.
The Waterberg PGM Project, located in South Africa on the northern limb of the Bushveld Complex, is a large-scale platinum group metal resource with an attractive risk profile given its shallow nature. The project facilitates fully mechanised production with the potential to have among the lowest operating costs in the PGM sector.
Since the 1970s, platinum, palladium and rhodium have been used for catalytic converters — an exhaust emission control device that reduces toxic pollutants in exhaust gas from an internal combustion engine into less-toxic pollutants. The bulk of global PGMs are mined in South Africa and Russia.