Northam Platinum Holdings Limited (OTCMKTS:NPTLF – Get Free Report) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 2,261 shares, a decline of 90.9% from the August 31st total of 24,863 shares. Based on an average daily volume of 330 shares, the days-to-cover ratio is currently 6.9 days.
Northam Platinum Stock Down 7.9%
Northam Platinum stock opened at $16.30 on Friday. Northam Platinum has a 52-week low of $13.44 and a 52-week high of $28.95. The company has a fifty day simple moving average of $17.40 and a 200-day simple moving average of $20.41.
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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