Platinum Group Metals (PLG)
Develops Waterberg and researches platinum- and palladium-enabled battery components.
Something off on this page? Send us feedback.
Develops Waterberg, a South African underground deposit planned to produce PGM-bearing concentrate for sale through future processing and offtake arrangements. It is a pre-revenue, partnership-led project developer whose Waterberg progress depends on financing, joint-venture approvals, permitting and concentrate-processing agreements.
Advances the Waterberg Project, an underground platinum-group-metals and base-metals deposit on South Africa's Bushveld Complex. The planned output is a PGM-bearing flotation concentrate containing potentially payable platinum, palladium, rhodium, gold, ruthenium, iridium, copper and nickel, intended for sale through a future offtake and refining arrangement. The project remains pre-production, so no operating revenue or product sales are recorded.
Operates Waterberg through its South African subsidiary and joint venture, which shares project governance with Mnombo Wethu, HJ Platinum Metals and Implats. Vancouver staff coordinate technical development, permitting, pre-construction work, financing and partner cash calls, while contractors support on-the-ground work. Lion Battery Technologies separately funds research into platinum- and palladium-enabled lithium battery components. Waterberg still requires construction financing, agreed concentrate-processing terms, land access and water approvals.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, May 31, 2026Cash & short-term investments $44.7M · Total debt $151.0K · Total assets $101.1M · Shareholders' equity $73.6M
- Revenue
- $0
- Operating income
- $512.0K
- Net income
- $955.0K
No dividends on record.
| Institutions | 13.01% | 16.64M shares | |
|---|---|---|---|
| 71 holders · as of Jun 30, 2026 | |||
| Other | 86.99% | 111.24M shares | |
| remainder | |||
127.89M company shares as of Sep 15, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Franklin Resources IncInstitution | 3.88% | 4.96M | as of Jun 30, 2026 |
Marshall Wace, LLPInstitution | 2.72% | 3.48M | as of Jun 30, 2026 |
Two Sigma Investments, LPInstitution | 1.35% | 1.73M | as of Jun 30, 2026 |
Renaissance Technologies LLCInstitution | 0.67% | 854,588 | as of Jun 30, 2026 |
Morgan StanleyInstitution | 0.54% | 695,699 | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Sibanye Stillwater (ADR)
Integrated South African PGM producer and refining alternative.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Platinum Group Metals | $1.42 | +1.07% | $180.3M | — | — | — | — |
| Sibanye Stillwater (ADR) | $11.22 | +0.76% | $7.88B | 8.7 | — | 0.8 | +80.5% |
| Median | 8.7 | — | 0.8 | +80.5% |