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Shares of Eastern Platinum Limited (TSE:ELR – Get Free Report) rose 15.2% during mid-day trading on Wednesday . The company traded as high as C$0.20 and last traded at C$0.19. Approximately 594,920 shares changed hands during trading, an increase of 700% from the average daily volume of 74,365 shares. The stock had previously closed at […]
Ivanhoe Mines (TSE:IVN – Free Report) had its target price upped by Canaccord Genuity Group from C$16.00 to C$21.00 in a research note published on Wednesday morning, BayStreet.CA reports. Other equities analysts have also issued research reports about the company. TD Securities increased their target price on Ivanhoe Mines from C$17.00 to C$17.50 and gave […]
Gemfields Group Ltd reported on Monday it had slashed its dividend after profit dived due to a write-down on its platinum group metals investment and the withdrawal of emerald auction. The...
‘We need to navigate these short-term challenges – with PGM prices down about 35% and our costs up by about R9bn – but we are excited about the long term’: CEO Craig Miller.
Sylvania Platinum Ltd - platinum group metals producer and developer with assets in South Africa - Says gold grade of 2.52 grams per tonne identified at Volspruit North on the Northern Limb of the...