Northam Platinum Holdings Limited (OTCMKTS:NPTLF – Get Free Report) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 24,474 shares, a growth of 836.6% from the June 30th total of 2,613 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Northam Platinum Stock Down 36.0%
Shares of OTCMKTS:NPTLF opened at $13.44 on Friday. Northam Platinum has a one year low of $13.44 and a one year high of $28.95. The company has a 50-day simple moving average of $23.79 and a 200-day simple moving average of $22.86.
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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