Platinum Group Metals LtdPLG

NYSEMaterialsGold and Silver Ores
Price (close)
$1.32
Market cap
$148.6M
P/E
—
Revenue (FY)
—
Net income
-$4.5M
Dividend yield
—
1-year total return
-43.3%
Net margin
—
Revenue growth
—
Debt / equity
—

What Platinum Group Metals Ltd does.

The Company is a platinum and palladium focused exploration, development and operating company conducting work primarily on mineral properties it has staked or acquired by way of option agreements or applications in the Republic of South Africa and in Canada.

The Company's sole material mineral property is the Waterberg Project, which was the subject of the DFS completed in 2019 as described in this Annual Report. The Company continues to evaluate exploration opportunities both on currently owned properties and on new prospects.

The Company currently conducts no product sales, does not currently distribute any product and does not have any source of operating revenues at this time. The Company will be required to source additional financing by way of private or public offerings of equity or debt or the sale of project or property interests in order to have sufficient working capital for continued exploration and development on the Waterberg Project, as well as for general working capital purposes and compliance with, and repayment of, its existing indebtedness.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Net income-$7.1M-$13.1M-$8.2M-$5.7M-$4.6M-$4.5M
Free cash flow——————

More on PLG.

Figures from Platinum Group Metals Ltd's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.