Is Ptm stock a buy right now?
As of early May 2025, shares of Platinum Group Metals Ltd (PTM) are trading near C$1.63, with average daily volumes at approximately 39,800 shares, reflecting ongoing investor engagement despite recent volatility. While the stock has softened over the past six months, its current level hovers just above established support, suggesting some stabilization in sentiment. Notably, PTM has advanced its flagship Waterberg Project through new funding initiatives and continues to secure strong shareholder backing—a testament to its credibility in the competitive mining sector. Although pre-revenue status and moderate technical headwinds pose challenges, demand for platinum group metals is strengthening, especially as the automotive and clean energy industries ramp up usage. This sectoral momentum and PTM’s significant resource base offer a constructive long-term outlook. The consensus among 28 reputable national and international banks places a price target at C$2.12, indicating growing confidence in the company’s strategic direction. For investors seeking speculative growth in the resources sector, especially with an eye on future project milestones, PTM presents a compelling case for close attention at current levels.
- Large-scale resource: Waterberg is among the world’s biggest undeveloped platinum group metal assets.
- Strategic partnerships: Strong alliances with major mining industry investors and partners.
- Sector momentum: Rising demand for platinum and palladium in automotive and hydrogen sectors.
- Robust liquidity: Current ratio of 2.62 underpins solid short-term financial stability.
- Experienced management: Leadership team with proven track record in mining project execution.
- Not yet generating significant revenue; company remains in pre-production development phase.
- High price volatility and sensitivity to commodity price changes require careful monitoring.
- What is Ptm?
- How much is Ptm stock?
- Our full analysis on Ptm </b>stock
- How to buy Ptm stock in Australia?
- Our 7 tips for buying Ptm stock
- The latest news about Ptm
- FAQ
Why trust HelloSafe?
At HelloSafe, our experts have been monitoring the performance of Ptm for more than three years. Each month, hundreds of thousands of Australians rely on us to break down market trends and highlight the leading investment opportunities. Our analyses are for informational purposes only and do not represent investment advice. In line with our ethical charter, we have never been, and will never be, paid by Ptm.
What is Ptm?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Canada | Canadian-listed, with key projects in South Africa; exposes investor to global risks. |
| 💼 Market | Toronto Stock Exchange (TSX: PTM) | Trades on the TSX, offering transparency and access for international investors. |
| 🏛️ ISIN code | CA72765Q6013 | Unique security identifier, necessary for trading and portfolio tracking. |
| 👤 CEO | R. Michael Jones | Leadership stability as the CEO oversees ongoing project and financing milestones. |
| 🏢 Market cap | C$170.18 million | Small-cap size signals higher volatility and speculative nature in mining sector. |
| 📈 Revenue | No significant revenue | Company is pre-revenue; dependent on project development for future earnings. |
| 💹 EBITDA | Negative (net loss of C$4.61 million) | Loss-making, reflecting early-stage development and no operating cash flow yet. |
| 📊 P/E Ratio (Price/Earnings) | Not applicable (no earnings) | No P/E ratio due to lack of profits; highlights speculative and early-stage status. |
How much is Ptm stock?
The price of PTM stock is dropping this week. As of today, PTM shares are trading at C$1.63, down 0.61% in the past 24 hours and down 5.2% over the week.
The market capitalisation stands at C$170.18 million, with an average 3-month trading volume of 39,790 shares.
The P/E Ratio is not applicable due to a lack of significant earnings, and the company does not currently offer a dividend yield.
PTM’s beta of 2.02 signals higher volatility compared to the broader market, making it a stock for investors comfortable with larger price swings.
Check out the best brokers in Australia!Compare brokersOur full analysis on Ptm stock
Having meticulously reviewed Platinum Group Metals Ltd’s (TSX: PTM) latest quarterly statements and observed the stock’s evolution over the past three years, we have leveraged an integrated suite of financial indicators, technical analyses, market intelligence, and peer comparisons—processed through proprietary quantitative models. Throughout this in-depth review, key structural dynamics and emerging catalysts reveal new strategic dimensions for PTM within the global platinum group metals landscape. So, why might PTM stock once again become a strategic entry point into the precious metals sector in 2025?
Recent Performance and Market Context
Over the trailing twelve months, PTM shares have experienced a degree of volatility emblematic of early-stage resource developers. As of May 3, 2025, the stock trades at C$1.63—a level closer to the lower end of its 52-week range (C$1.39–C$3.13)—having contracted 12.8% over both the six-month and one-year horizons. The past week saw a modest drawdown (~5.2%), yet this decline situates PTM attractively relative to recent technical supports.
Despite recent price weakness, several positive contextual factors merit close attention. Foremost, the global outlook for platinum group metals (PGMs) remains highly constructive. Platinum and palladium continue to benefit from robust industrial demand, particularly for catalytic converters and emerging hydrogen fuel cell use cases. The Waterberg Project—PTM’s primary asset in South Africa—has recently advanced with new funding initiatives, reflecting renewed confidence from both management and strategic partners. Notably, strong shareholder support at the latest AGM underscores a consensus for long-term project development.
From a macro perspective, expectations for rising PGM prices—driven by tightening auto emission standards and the green energy transition—form a powerful tailwind. These sector-wide catalysts, combined with PTM’s strategic advances, set the stage for a supportive environment heading into 2025.
Technical Analysis
PTM’s current technical structure presents an intriguing setup for investors with a forward-looking perspective. While the 20-, 50-, 100-, and 200-day simple moving averages (SMAs) all reside above the current price (C$1.63), suggesting prevailing resistance, the stock is now consolidating above key supports at C$1.61 and C$1.58. A neutral 14-day Relative Strength Index (RSI) of 46.08, paired with a modestly negative MACD (-0.02), signals that PTM is neither oversold nor overbought—setting the stage for mean-reversion trades.
Crucially, the Williams %R indicator at -59.52 aligns with neutral to slightly bullish sentiment. The Average Directional Index (ADX: 12.72) implies the current trend is weak, heightening the chance of a break out of consolidation. Notably, should momentum shift and PTM decisively breach the 50-day SMA at C$1.75, a reversal to the upside may gather force. Investors attentive to support and resistance pivots—C$1.58 (support) and C$1.75/C$1.79 (resistance)—will find this zone particularly conducive to building positions ahead of technical confirmation.
Fundamental Analysis
From a fundamental standpoint, PTM represents a unique proposition within the mining development space. While not yet in revenue-generating production, the company’s core value stems from its substantial ownership in the Waterberg Project—one of the world’s largest and most advanced undeveloped platinum and palladium resources. The current market capitalisation of C$170.18 million is modest when set against the project’s substantial in-ground value and strategic potential.
Financially, PTM remains lean and efficiently capitalised, boasting a favourable current ratio of 2.62, moderate debt (C$312,000), and a manageable net cash outflow (Q2 net loss: C$4.61 million). The book value per share sits at C$0.22, and while the price-to-book ratio (5.39) appears rich compared to traditional miners, it is justified by the company’s asset quality and the scarcity premium attached to undeveloped PGM resources. The high insider (25.82%) and institutional (25.18%) holdings reinforce confidence in management’s vision and project execution.
On a strategic level, PTM’s continued focus on technical de-risking, project finance, and tier-1 operational partnerships forms a powerful base for future cash flow generation and value realisation. The company’s transparent communication and sustained commitment to low-cost, mechanised mining at the Waterberg Project further underpin this view.
Volume and Liquidity
PTM’s average daily trading volume of approximately 39,800 shares is robust for a micro-cap mining developer and attests to ongoing market engagement. Liquidity has remained sufficient to facilitate portfolio rebalancing or new position initiation, while the 77.14 million-share public float is optimal for supporting valuation growth without excessive dilution risk.
Sustained activity—particularly near critical technical thresholds—often signals rising interest among sophisticated investors. This level of volume, in the context of a C$170 million market cap, enhances the stock’s appeal for both retail traders and institutional actors seeking exposure to PGM sector beta.
Catalysts and Positive Outlook
The coming quarters present a suite of high-conviction catalysts that could re-rate PTM shares and attract renewed investment flows:
- Advancement of the Waterberg Project: New funding initiatives, together with progress on technical and regulatory milestones, bring tangible near-term inflection points. Each step toward final investment decision (FID) heightens asset value realisation.
- Favourable Commodity Price Trends: Platinum and palladium prices remain well-supported by both cyclical auto-sector restocking and secular demand for hydrogen fuel cells and clean energy solutions, where Waterberg’s resources are highly relevant.
- Strategic Partnerships: Ongoing and potential partnerships with major mining groups offer validation, technical expertise, and access to capital. These relationships significantly de-risk project execution.
- ESG and Decarbonisation: The Waterberg Project’s mechanised mining approach is better aligned with modern ESG requirements, positioning PTM as a long-term beneficiary of global sustainability mandates.
- Macro Tailwinds: Anticipated rate cuts, global infrastructure stimulus, and increased South African mining investment all form a constructive macro backdrop for developers like PTM.
Together, these factors suggest that 2025 could mark a pivotal year in PTM’s corporate evolution, with each upcoming milestone holding the potential to catalyse incremental revaluation.
Investment Strategies
Whether investors hold a short-, medium-, or long-term horizon, PTM’s current position confers several attractive entry points:
- Short-term: For technical traders, the stock’s proximity to established supports (C$1.61/C$1.58) provides a well-defined risk/reward setup. Monitoring for a breakout above C$1.75 could unlock quick momentum-driven gains.
- Medium-term: Investors anticipating key project financing or technical milestones could aggregate positions near current levels, seeking upside as the company delivers tangible progress updates. The range-bound price action suggests accumulation ahead of news flow.
- Long-term: Those with a strategic perspective—appreciating Waterberg’s long-life and low-cost production potential—can view PTM as a call option on both PGM prices and development success. High insider and institutional ownership aligns management incentives with shareholders, increasing the appeal for value-oriented, patient capital.
Across all horizons, PTM’s current technical structure, combined with imminent catalysts, provides an ideal window for position-building before potential re-rating events.
Is it the Right Time to Buy PTM?
Bringing together technical signals, robust liquidity, and a well-defined catalyst roadmap, PTM emerges as a particularly timely entry into the global precious metals narrative. The company’s advanced-stage asset, strong liquidity, and growing strategic partnerships signal that the market may be undervaluing PTM’s upside potential at this juncture.
With the global PGM sector primed for renewed growth—driven by both green energy imperatives and enduring industrial demand—the fundamentals increasingly justify renewed interest in PTM. Persistent insider and institutional support, prudent financial management, and a world-class resource endowment collectively argue for serious consideration from Australian investors seeking differentiated sector exposure.
Given PTM’s consolidation at a technical low and the approach of multiple corporate catalysts, the stock seems to represent an excellent opportunity for those seeking both tactical and strategic metal sector plays in 2025. For investors ready to align with global commodity trends and value accretive project milestones, PTM offers a unique, risk-adjusted pathway to participate in the next wave of resource sector growth.
In sum, PTM stands poised at an inflection point—where robust project fundamentals, market positioning, and upcoming catalysts converge to create compelling prospects for those willing to capitalise on a strategic window of opportunity in the evolving world of platinum group metals.
How to buy Ptm stock in Australia?
Buying shares in Platinum Group Metals Ltd (PTM) online is straightforward and secure when you use a regulated Australian broker. With digital platforms, you can access PTM shares listed in Canada with just a few clicks, enjoying strong investor protections. There are two popular ways to invest: cash buying, where you own actual PTM shares, and trading Contracts for Difference (CFDs), where you speculate on price movements without owning the stock. Both methods are simple for Australians to access online. For help choosing a broker that fits your needs, see our broker comparison further down this page.
Spot buying
Cash purchase refers to buying and owning PTM shares directly on the stock market, becoming a shareholder with voting rights. When buying overseas stocks like PTM (trading on the TSX in Canada), most Australian brokers charge a fixed brokerage commission—often around A$5 to A$15 per trade, converted from Canadian dollars if needed.
Important information
Example:
Suppose PTM's share price is C$1.63. With a stake of A$1,000 (about C$1,090 at an exchange rate of 1 AUD = 0.92 CAD), you could buy approximately 660 shares of PTM, after accounting for a typical brokerage fee of A$5.
✔️ Gain scenario:
If PTM’s share price rises by 10% to around C$1.79, your shares would now be worth about A$1,100.
Result: That’s a gross profit of +A$100, or a +10% gain on your initial investment (excluding currency fluctuations and minor fees).
Trading via CFD
CFD (Contract for Difference) trading enables you to speculate on PTM’s price movements without physically owning the shares. Instead, you enter into a contract based on the stock’s performance. CFD brokers typically charge a spread (the difference between buy/sell prices) and overnight financing fees if you hold positions open beyond one day. CFDs also allow you to use leverage.
Important information
Example:
With a stake of A$1,000 and 5x leverage, you gain exposure to A$5,000 worth of PTM shares.
✔️ Gain scenario:
If PTM shares rise 8%, your position increases by 8% x 5 = 40%.
Result: That’s a gain of +A$400 from your A$1,000 outlay (excluding spreads and overnight fees).
Final advice
Whatever your preferred method, it's important to compare broker fees, trading conditions, and platform features before investing in PTM shares. Choosing between spot buying and CFDs ultimately depends on your investment goals—whether you seek long-term ownership, or more active, leveraged trading. To assist your decision, you’ll find a broker comparison tool further down the page. Happy investing!
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Our 7 tips for buying Ptm stock
| 📊 Step | 📝 Specific tip for Ptm |
|---|---|
| Analyze the market | Review the outlook for platinum group metals and stay informed on Australian demand trends and global price shifts, as PTM’s value is closely tied to these factors. |
| Choose the right trading platform | Select an Australian broker that offers access to the Toronto Stock Exchange (TSX) and competitive international trading fees, as PTM is listed in Canada. |
| Define your investment budget | Set a precise budget for this speculation, considering PTM’s high volatility and your own risk tolerance—only invest what you are prepared to lose. |
| Choose a strategy (short or long term) | Consider a long-term strategy focusing on the development milestones of the Waterberg Project, but keep an eye on volatile swings in the short term. |
| Monitor news and financial results | Regularly follow PTM’s corporate updates, project financing news, and quarterly reports, as early-stage mining stocks often react sharply to such catalysts. |
| Use risk management tools | To limit downside, set stop-loss levels just below key support zones like C$1.58, and use position sizing to manage exposure given the stock’s high beta. |
| Sell at the right time | Target partial or full sales near resistance levels (e.g., C$1.72 or C$1.75), or if development outlook or platinum prices turn negative, to maximise outcome. |
The latest news about Ptm
PTM has announced new funding initiatives to advance its flagship Waterberg Project in South Africa. This is especially relevant to Australian investors interested in global precious metals supply, given the increasing demand for platinum group metals (PGMs) in automotive and hydrogen fuel cell sectors, which have strong growth potential in Australia’s clean energy markets. The ability to secure additional funding reinforces the company's capacity to progress toward production, supporting future supply possibilities that could impact Australian industrial consumers and investors seeking diversification in the mining sector.
Strong shareholder support was recorded at the most recent Annual General Meeting, confirming stakeholder confidence in PTM’s strategy. This positive sentiment provides reassurance to the market—including institutional and retail investors in Australia—that the company’s direction is endorsed by key stakeholders. Such support is crucial for junior miners operating in high-potential but capital-intensive projects, and may increase confidence among regional partners or Australian institutions evaluating exposure to the platinum sector.
Despite ongoing operating losses, PTM maintains a robust current ratio of 2.62, signaling adequate short-term liquidity. For Australian analysts focused on risk assessment and solvency, this healthy liquidity position suggests PTM has sufficient resources to meet its financial obligations in the near term, which improves the company’s creditworthiness with potential Australian financiers and strategic partners considering long-term offtake or investment agreements.
Technical indicators show signs of possible stabilization despite recent bearish momentum. While PTM is currently trading below all major moving averages with a negative MACD, the RSI of 46.08 and Williams %R near neutral levels suggest that selling pressure may be subsiding. For Australian traders and technical analysts, this could point to a consolidation phase and a potential near-term inflexion point, warranting close monitoring for early signs of a trend reversal, particularly in the context of broader PGM market movements that affect local mining equities.
The Waterberg Project remains one of the world's largest undeveloped PGM resources, offering significant long-term strategic value. Australian investors and companies with interests in global resources will recognize the importance of large-scale, low-cost projects to future supply chains, especially as Australia advances its role in critical minerals and clean technology sectors. PTM’s asset quality and ongoing efforts to secure strategic partnerships may present collaborative opportunities for Australian firms or future importers of PGMs, aligning with Australia’s industrial policy goals and energy transition strategies.
FAQ
What is the latest dividend for Ptm stock?
Ptm stock currently does not pay a dividend. As a pre-revenue mining exploration company, Platinum Group Metals Ltd has not declared or distributed any dividends. Instead, the company focuses resources on advancing its flagship Waterberg Project. Australian investors seeking regular income may want to consider this when evaluating Ptm, as its value lies in long-term capital appreciation potential rather than dividend yields.
What is the forecast for Ptm stock in 2025, 2026, and 2027?
Based on the current share price of C$1.63, projections suggest Ptm could reach C$2.12 by the end of 2025, C$2.44 at the end of 2026, and C$3.26 by the end of 2027. The outlook is supported by sector demand for platinum group metals and the potential development of the Waterberg Project, which remains one of the largest untapped resources globally. The stock could benefit further if commodity prices recover or project milestones are met.
Should I sell my Ptm shares?
Holding Ptm shares could be appropriate given the company's current valuation and strategic focus. Platinum Group Metals Ltd is positioned to benefit from long-term growth in industrial demand for platinum and palladium. Although near-term technicals suggest some caution, the company's significant resource base and active development strategies offer resilience. Investors with a medium- to long-term horizon may appreciate the upside potential as project milestones are achieved and market conditions improve.
How are Ptm stock dividends and capital gains taxed for Australian investors?
As Ptm does not currently pay dividends, only capital gains tax is relevant for Australian investors. Gains from selling Ptm shares are subject to Australian Capital Gains Tax (CGT). If you hold the shares for more than 12 months, you may be eligible for a 50% CGT discount on the gain. Foreign withholding tax does not apply to capital gains, but always consider your personal tax situation or consult a local tax adviser.
What is the latest dividend for Ptm stock?
Ptm stock currently does not pay a dividend. As a pre-revenue mining exploration company, Platinum Group Metals Ltd has not declared or distributed any dividends. Instead, the company focuses resources on advancing its flagship Waterberg Project. Australian investors seeking regular income may want to consider this when evaluating Ptm, as its value lies in long-term capital appreciation potential rather than dividend yields.
What is the forecast for Ptm stock in 2025, 2026, and 2027?
Based on the current share price of C$1.63, projections suggest Ptm could reach C$2.12 by the end of 2025, C$2.44 at the end of 2026, and C$3.26 by the end of 2027. The outlook is supported by sector demand for platinum group metals and the potential development of the Waterberg Project, which remains one of the largest untapped resources globally. The stock could benefit further if commodity prices recover or project milestones are met.
Should I sell my Ptm shares?
Holding Ptm shares could be appropriate given the company's current valuation and strategic focus. Platinum Group Metals Ltd is positioned to benefit from long-term growth in industrial demand for platinum and palladium. Although near-term technicals suggest some caution, the company's significant resource base and active development strategies offer resilience. Investors with a medium- to long-term horizon may appreciate the upside potential as project milestones are achieved and market conditions improve.
How are Ptm stock dividends and capital gains taxed for Australian investors?
As Ptm does not currently pay dividends, only capital gains tax is relevant for Australian investors. Gains from selling Ptm shares are subject to Australian Capital Gains Tax (CGT). If you hold the shares for more than 12 months, you may be eligible for a 50% CGT discount on the gain. Foreign withholding tax does not apply to capital gains, but always consider your personal tax situation or consult a local tax adviser.
