Date: Sep 20, 2018
Shares of Platinum Group Metals Limited (NYSEAMERICAN:PLG) (TSE:PTM) rose 12.5% on Wednesday . The stock traded as high as $0.19 and last traded at $0.18. Approximately 4,043,830 shares changed hands during mid-day trading, an increase of 223% from the average daily volume of 1,250,569 shares. The stock had previously closed at $0.16.
Platinum Group Metals (NYSEAMERICAN:PLG) (TSE:PTM) last posted its quarterly earnings results on Monday, July 16th. The basic materials company reported ($0.05) earnings per share for the quarter.
A hedge fund recently raised its stake in Platinum Group Metals stock. Liberty Mutual Group Asset Management Inc. increased its stake in shares of Platinum Group Metals Limited (NYSEAMERICAN:PLG) (TSE:PTM) by 123.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 36,160,609 shares of the basic materials company’s stock after purchasing an additional 20,000,000 shares during the period. Liberty Mutual Group Asset Management Inc. owned approximately 12.43% of Platinum Group Metals worth $3,813,000 at the end of the most recent reporting period.
