Platinum Group Metals Limited (T:PTM*CA)
Business Focus: Platinum Mining
| Sector: Basic Materials | Industry: Non-Gold Precious Metals & Minerals |
| Company Contact | |
| Address: | Suite 838 - 1100 Melville Street VANCOUVER BC V6E 4A6 |
| Tel: | N/A |
| Website: | https://www.platinumgroupmetals.net/home/default.aspx |
| IR: | See website |
| Key People | ||
| Frank R. Hallam President, Chief Executive Officer, Director | Kresimir Begic Vice President - Corporate Development | Schalk Engelbrecht Finance Executive of PTM RSA |
| Mlibo Mgudlwa Vice President of Platinum Group Metals | Vilma Fernandez-maldonado Corporate Secretary | |
| Business Overview |
| Platinum Group Metals Ltd. is a Canada-based palladium and platinum-focused exploration and development company. The Company conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa. Its business is focused on the engineering and development of the Waterberg Project, which hosts a platinum group metals (PGE) and base metal bearing deposit. The Waterberg Project is located in South Africa on the Northern Limb of the Bushveld Complex. Waterberg represents a large-scale platinum group metal resource. The Waterberg Project consists of granted prospecting rights, applied for prospecting rights and the Waterberg Mining Right with a combined active project area of approximately 66,003 hectares, located on the Northern Limb of the Bushveld Igneous Complex, approximately 85 kilometers (km) north of the town of Mokopane. Waterberg Project comprises the former Waterberg joint venture property and the Waterberg extension property. |
| Financial Overview |
| For the six months ended 29 February 2024, Platinum Group Metals Limited revenues was not reported. Net loss decreased 16% to $2.4M. Lower net loss reflects Stock based compensation expense decrease of 47% to $594K (expense), General and administrative decrease of 10% to $1.8M (expense), Share of joint venture expenditures - Li decrease of 21% to $233K (expense). |
| Employees: | 13 as of Aug 31, 2022 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $181.71M as of Feb 29, 2024 |
| Annual revenue (TTM): | $0.00M as of Feb 29, 2024 |
| EBITDA (TTM): | -$6.98M as of Feb 29, 2024 |
| Net annual income (TTM): | -$7.19M as of Feb 29, 2024 |
| Free cash flow (TTM): | -$9.67M as of Feb 29, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 102,480,148 as of Feb 29, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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