Northam Platinum Holdings Limited (OTCMKTS:NPTLF – Get Free Report) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 2,261 shares, a drop of 90.9% from the August 31st total of 24,863 shares. Based on an average daily volume of 330 shares, the days-to-cover ratio is presently 6.9 days.
Northam Platinum Stock Performance
OTCMKTS NPTLF traded down $1.39 during trading hours on Thursday, hitting $16.30. 369 shares of the company’s stock were exchanged, compared to its average volume of 706. The business’s 50 day moving average is $17.40 and its 200-day moving average is $20.41. Northam Platinum has a 12-month low of $13.44 and a 12-month high of $28.95.
Northam Platinum Company Profile
Northam Platinum (OTCMKTS:NPTLF) is a South African precious metals mining company focused on the exploration, extraction and processing of platinum group metals (PGMs). Its principal products include platinum, palladium, rhodium and gold, which are sold into global markets for use in automotive catalysts, industrial applications and jewellery manufacturing. The company’s integrated business model spans mining, smelting, base metal removal (BMR) and refining, allowing it to capture value throughout the production chain.
The company’s core operations are located on the Bushveld Complex in South Africa’s North West and Mpumalanga provinces.
See Also
- Five stocks we like better than Northam Platinum
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
Receive News & Ratings for Northam Platinum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northam Platinum and related companies with MarketBeat.com's FREE daily email newsletter.
