Platinum Group Metals (PLG) Shares Gap Up to $0.19

Date: Sep 21, 2018

Platinum Group Metals Limited (NYSEAMERICAN:PLG) (TSE:PTM) shares gapped up prior to trading on Thursday . The stock had previously closed at $0.21, but opened at $0.19. Platinum Group Metals shares last traded at $0.18, with a volume of 89270 shares changing hands.

Platinum Group Metals (NYSEAMERICAN:PLG) (TSE:PTM) last released its earnings results on Monday, July 16th. The basic materials company reported ($0.05) EPS for the quarter.

A hedge fund recently raised its stake in Platinum Group Metals stock. Liberty Mutual Group Asset Management Inc. increased its holdings in shares of Platinum Group Metals Limited (NYSEAMERICAN:PLG) (TSE:PTM) by 123.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,160,609 shares of the basic materials company’s stock after acquiring an additional 20,000,000 shares during the quarter. Liberty Mutual Group Asset Management Inc. owned about 12.43% of Platinum Group Metals worth $3,813,000 at the end of the most recent reporting period.

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