Northam Platinum Holdings Limited (OTCMKTS:NPTLF – Get Free Report) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 3,799 shares, a decline of 54.7% from the May 14th total of 8,386 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
Northam Platinum Price Performance
Shares of NPTLF remained flat at $24.00 during mid-day trading on Monday. The business has a 50 day simple moving average of $21.69 and a 200 day simple moving average of $21.57. Northam Platinum has a 52 week low of $13.66 and a 52 week high of $28.95.
About Northam Platinum
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.
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