Platinum prices have surged recently, up 10% in 30 days
SmallCapPower | July 25, 2016: Platinum often gets overlooked in favour of its more popular cousins silver and gold. Yet with its price climbing recently we think investors should take a second look at this metal given that we see sustainable demand coming from China as well as through the production of fuel cell vehicles. This could include the stocks on our list today.
North American Palladium Ltd. (TSE:PDL) – $5.42
Non-Gold Precious Metals & Minerals
North American Palladium Ltd. is a platinum group metal (PGM) producer on a permitted property. The Company’s only material asset is the Lac des Iles property, which is located approximately 90 kilometers northwest of the City of Thunder Bay, Ontario, Canada. The property consists of an inactive open pit and a mill with a nominal capacity of approximately 15,000 tons per day.
- Market Cap: 315,721,421
- Revenues: 162,100,000
- Operating Income: -77,600,000
- Debt: 53,800,000
Wellgreen Platinum Ltd. (TSE:WG) – $0.45
Non-Gold Precious Metals & Minerals
Wellgreen Platinum Ltd. is a Canada-based exploration-stage company. Its principal business activity is the exploration and evaluation of platinum group metals (PGM) and nickel mineral properties in North America. It is focused on exploring and developing its Wellgreen PGM and nickel project, located in the Yukon Territory, Canada.
- Market Cap: 91,421,806
- Revenues: 0
- Operating Income: -5,436,300
- Debt: 0
Eastern Platinum Ltd. (TSE:ELR) – $0.89
Non-Gold Precious Metals & Minerals
Eastern Platinum Limited is a Canada-based platinum group metal (PGM) company engaged in the mining, exploration and development of PGM properties located in South Africa. The Company’s properties are situated on the western and eastern limbs of the Bushveld Complex (BC).
- Market Cap: 215,285,203.21
- Revenues: 0
- Operating Income: -40,967,201
- Debt: 0
Atlatsa Resources Corp. (TSE:ATL) – $0.095
Gold & PGMs
Atlatsa Resources Corporation (Atlatsa) is an exploration company engaged in mining, exploration and development of mineral deposits located in the Bushveld Igneous Complex (BIC), South Africa. The Company operates through two segments: the Bokoni Mine and the Projects. Bokoni Mine includes the mining of platinum group metals (PGMs).
- Market Cap: 114,570,744.63
- Revenues: 188,968,950
- Operating Income: -394,169,110
- Debt: 189,646,180
DISCLAIMER The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.
