Platinum Group Metals (PTM)has notable insider net $ selling

Platinum Group Metals (T:PTM)

Updated Tuesday Dec 15, 2020 02:42 AM EDT
Frank Hallam, CFO and Director, acquired 50,000 Common Shares on a direct ownership basis at a price of $1.810 through an exercise of options on December 14th, 2020. The insider also disposed 50,000 Common Shares on a direct ownership basis at a price of $7.244 through the public market on December 14th, 2020. This represents a $271,700 net divestment of the company's shares and an account share holdings change of 0%.

Stuart Alan Harshaw, a Director, disposed 8,000 Common Shares on a direct ownership basis at a price of $5.722USD through the public market on December 11th, 2020. The insider also disposed 5,000 Common Shares on a direct ownership basis at a price of $7.185 through the public market on December 11th, 2020. This represents a $94,373 divestment of the company's shares and an account share holdings change of -100.0%.

R. Michael Jones, CEO and Director, disposed 10,000 Common Shares on a direct ownership basis at prices ranging from $6.930 and $7.270 through the public market between December 11th, 2020 and December 14th, 2020. This represents a $71,040 divestment of the company's shares and an account share holdings change of -55.0%.

Platinum Group Metals Ltd. is an exploration- and development-stage Company. The Company is focused on exploration and development of platinum. The Company conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa and in Canada. Its business is focused on production ramp up at the Maseve Mine, and the exploration and initial engineering on the Waterberg platinum deposit, which includes the Waterberg Joint Venture Project (the Waterberg JV Project) and the adjoining Waterberg Extension Project. The Company has operations in South Africa and Canada. The Maseve platinum mine site is located on the Western Limb of the Bushveld Complex approximately 35 kilometers north west of the town of Rustenburg. The Waterberg JV Project consists of a contiguous granted prospecting right area of approximately 255 square kilometers located on the Northern Limb of the Bushveld Complex, over 70 kilometers north of the town of Mokopane.

PTM Insider Holdings Chart

Issuer details as of Dec 15, 2020 2:42 ET

Latest Price
6.23
1 Day Change
-14.07%
52 Week High
8
52 Week Low
1.25
QMV ($Mils)
441,765,082


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