Recent Updates — PLG
July 15, 2026View Source ↗
Platinum Group Metals Ltd. reported unaudited interim financial results for the nine-month period ended May 31, 2026. The company recorded a net loss of $2.88 million for the nine months, compared to a net profit of $3.40 million in the same period of 2025. Cash and cash equivalents increased significantly to $44.68 million from $417,000 as of August 31, 2025, primarily driven by $38.8 million in gross proceeds from the sale of 14.84 million shares through at-the-market offerings. Total assets rose to $101.11 million from $62.10 million. The company continues to focus on the development of the Waterberg Project in South Africa. Platinum Group Metals Ltd. is a mining development company focused on platinum group metals.