Northam Platinum Holdings Limited (OTCMKTS:NPTLF – Get Free Report) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totaling 3,893 shares, a decrease of 36.1% from the April 15th total of 6,097 shares. Based on an average daily trading volume, of 651 shares, the days-to-cover ratio is currently 6.0 days.
Northam Platinum Stock Performance
NPTLF stock remained flat at $24.00 on Monday. Northam Platinum has a 12 month low of $13.66 and a 12 month high of $28.95. The stock has a 50 day moving average price of $20.40 and a 200 day moving average price of $20.13.
About Northam Platinum
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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