Northam Platinum Holdings Limited (OTCMKTS:NPTLF – Get Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 2,613 shares, a drop of 36.3% from the June 15th total of 4,103 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Northam Platinum Stock Performance
Shares of Northam Platinum stock opened at $24.00 on Friday. The business has a fifty day simple moving average of $23.88 and a 200-day simple moving average of $22.87. Northam Platinum has a fifty-two week low of $13.66 and a fifty-two week 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.
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