Northam Platinum Holdings Limited (OTCMKTS:NPTLF – Get Free Report) saw a significant drop in short interest during 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 trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Northam Platinum Stock Performance
OTCMKTS:NPTLF remained flat at $24.00 during mid-day trading on Friday. Northam Platinum has a 52-week low of $13.66 and a 52-week high of $28.95. The business has a fifty day moving average price of $23.82 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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