Northam Platinum Holdings Limited (OTCMKTS:NPTLF – Get Free Report) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 2,261 shares, a drop of 90.9% from the August 31st total of 24,863 shares. Based on an average trading volume of 330 shares, the days-to-cover ratio is currently 6.9 days.
Northam Platinum Stock Performance
NPTLF stock traded down $1.39 during trading on Thursday, reaching $16.30. The stock had a trading volume of 369 shares, compared to its average volume of 706. The firm has a fifty day moving average price of $17.40 and a 200 day moving average price of $20.41. Northam Platinum has a 1-year low of $13.44 and a 1-year high of $28.95.
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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