Northam Platinum Holdings Limited (OTCMKTS:NPTLF – Get Free Report) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 24,474 shares, an increase of 836.6% from the June 30th total of 2,613 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
Northam Platinum Trading Down 36.0%
NPTLF traded down $7.56 on Friday, hitting $13.44. 100 shares of the company were exchanged, compared to its average volume of 863. Northam Platinum has a twelve month low of $13.44 and a twelve month high of $28.95. The firm has a 50-day moving average price of $23.79 and a two-hundred day moving average price of $22.86.
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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