Northam Platinum Holdings Limited (OTCMKTS:NPTLF – Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 64,233 shares, an increase of 50.9% from the July 30th total of 42,580 shares. Based on an average daily trading volume, of 20 shares, the short-interest ratio is currently 3,211.7 days.
Northam Platinum Stock Down 1.2%
OTCMKTS NPTLF opened at $18.57 on Tuesday. The stock has a 50-day moving average of $19.26 and a two-hundred day moving average of $21.14. Northam Platinum has a 1-year low of $13.44 and a 1-year high of $28.95.
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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