Basic Materials · Other Precious Metals
Price
$1.42
Market Cap
$180.1M
Employees
13
Beta
1.95
Avg Volume
1,369,372
CEO
Frank R. Hallam
Business Description
Platinum Group Metals Ltd. is primarily focused on the exploration and development of mineral deposits containing platinum and palladium. Its prospecting activities also extend to identifying resources of gold, copper, nickel, and rhodium. A significant asset for the company is its 50.02% interest in the Waterberg project, which is strategically located on the Northern Limb of South Africa's Western Bushveld complex. Beyond its traditional mining operations, Platinum Group Metals Ltd. is also pioneering the development of advanced battery technology that leverages both platinum and palladium. The company was established in 2000 and maintains its corporate headquarters in Vancouver, Canada.
Business History
Price Overview
Price at report time · Jul 4, 4:50am (0m ago)
$1.42
Change · Jul 4
+0.03 (+2.16%)
Day Range
$1.40 – $1.48
52-Week Range
$1.27 – $4.04
50-Day MA
$1.61
200-Day MA
$2.16
Volume
1,844,363.00
Right now · live
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Real-time — the change above is the move since the report (over 0m).
Share Structure
Outstanding
126,825,879.00
Float
98,666,696.00
Free Float
77.8%
Normal free float
— 77.8% of shares trade freely, ~22.2% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-33.02
Stock Price: $1.42
EPS (Diluted): -0.04
EPS (Diluted): -0.04
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
4.74
Stock Price: $1.42
Total Equity: $35.59M
Shares: 105,440,219
Total Equity: $35.59M
Shares: 105,440,219
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-23.29
Market Cap: $180.09M
Total Debt: $55,933
Cash: $417,000
EBITDA: -$4.45M
Total Debt: $55,933
Cash: $417,000
EBITDA: -$4.45M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$168.5M
Market Cap: $180.09M
Total Debt: $55,933
Cash: $417,000
Total Debt: $55,933
Cash: $417,000
P/S Ratio (Price per dollar of revenue)
APIStock Price / Revenue Per Share
0.00
Stock Price: $1.42
Revenue: $0.00
Shares: 105,440,219
Revenue: $0.00
Shares: 105,440,219
EV/Sales (Total value vs revenue — works when P/E can't)
API0.00
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
0.0%
Gross Profit: -$68,000
Revenue: $0.00
Revenue: $0.00
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
0.0%
Operating Income: -$4.85M
Revenue: $0.00
Revenue: $0.00
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
0.0%
Net Income: -$4.54M
Revenue: $0.00
Revenue: $0.00
ROE (Profit from shareholder equity)
APINet Income / Total Equity
-13.5%
Net Income: -$4.54M
Total Equity: $35.59M
Total Equity: $35.59M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
-6.3%
Operating Income: -$4.85M
Tax Rate: -0.4%
Equity: $35.59M
Total Debt: $55,933
Cash: $417,000
Tax Rate: -0.4%
Equity: $35.59M
Total Debt: $55,933
Cash: $417,000
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
15.38
Current Assets: $12.06M
Current Liabilities: $784,000
Current Liabilities: $784,000
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.00
Short-Term Debt: $55,933
Long-Term Debt: $0.00
Total Debt: $55,933
Total Equity: $35.59M
Long-Term Debt: $0.00
Total Debt: $55,933
Total Equity: $35.59M
Rev/Share (Top-line per share)
Revenue / Shares Outstanding
—
Revenue: $0.00
Shares: 105,440,219
Shares: 105,440,219
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$0.34
Total Equity: $35.59M
Shares: 105,440,219
Shares: 105,440,219
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-0.05
Operating CF: -$3.37M
CapEx: -$2.08M
Shares: 105,440,219
CapEx: -$2.08M
Shares: 105,440,219
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $1.42
Stock Price: $1.42
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$4.54M
Net Income: -$4.54M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares PLG against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jul 4, 2026 4:50am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $122,531 | $88,111 | $82,700 | $72,570 | $68,000 |
| Gross Profit | $-122,531 | $-88,111 | $-82,700 | $-72,570 | $-68,000 |
| Operating Expenses | $8.2M | $6.2M | $5.8M | $4.7M | $4.8M |
| Operating Income | -$8.3M | -$6.3M | -$5.9M | -$4.8M | -$4.8M |
| Net Income | -$13.1M | -$8.0M | -$5.6M | -$4.6M | -$4.5M |
| EBITDA | -$7.5M | -$6.1M | -$4.9M | -$4.3M | -$4.5M |
| EPS | $-0.18 | $-0.09 | $-0.06 | $-0.05 | $-0.04 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 4, 2026 4:50am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $6.1M | $12.3M | $7.0M | $3.7M | $417,000 |
| Total Current Assets | $6.6M | $12.8M | $7.6M | $4.2M | $12.1M |
| Total Assets | $51.2M | $53.7M | $50.0M | $52.1M | $62.1M |
| Current Liabilities | $30.3M | $1.1M | $1.4M | $905,000 | $784,000 |
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $31.7M | $2.1M | $2.6M | $2.3M | $2.6M |
| Total Equity | $1.9M | $32.5M | $25.7M | $26.7M | $35.6M |
| Retained Earnings | -$759.8M | -$768.4M | -$774.7M | -$780.0M | -$785.1M |
Cash Flow (Annual)
Last updated: Jul 4, 2026 4:50am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$8.1M | -$4.5M | -$3.8M | -$2.5M | -$3.4M |
| Capital Expenditure | -$2.4M | -$3.4M | -$4.4M | -$3.4M | -$2.1M |
| Free Cash Flow | -$10.5M | -$7.8M | -$8.2M | -$6.0M | -$5.5M |
| Acquisitions (net) | $-350,000 | $-250,000 | $-575,000 | $-232,000 | $-40,000 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $-151,000 | $0 | $-40,000 | $0 | $0 |
| Net Change in Cash | $4.8M | $6.3M | -$5.3M | -$3.3M | -$3.3M |
Analyst Estimates (Annual)
Last updated: Jul 4, 2026 4:50am (just now)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 |
| EBITDA | $0 | $0 | $0 | $0 |
| Net Income |
-$8.2M -$11.1M – -$4.0M
|
-$8.4M -$11.0M – -$5.0M
|
-$7.4M -$11.6M – -$3.2M
|
-$12.7M -$12.7M – -$12.7M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 4, 2026 4:50am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | — | — | — | — |
| Gross Profit Growth | +28.1% | +6.1% | +12.2% | +6.3% |
| Operating Income Growth | +24.5% | +7.1% | +17.6% | -0.6% |
| Net Income Growth | +39.2% | +29.3% | +17.7% | +2.3% |
| EBITDA Growth | +19.3% | +18.4% | +12.9% | -3.4% |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for PLG — it's generated by the pipeline (
market-narrative step).
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.375 · 8810b4cb · 2026-07-03 16:26:33