Donald Smith & CO. Inc. Cuts Holdings in Platinum Group Metals Limited (NYSEAMERICAN:PLG)

Date: Sep 17, 2018

Donald Smith & CO. Inc. cut its holdings in shares of Platinum Group Metals Limited (NYSEAMERICAN:PLG) (TSE:PTM) by 6.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,208,244 shares of the basic materials company’s stock after selling 878,547 shares during the quarter. Donald Smith & CO. Inc. owned approximately 4.19% of Platinum Group Metals worth $1,267,000 at the end of the most recent reporting period.

Shares of NYSEAMERICAN PLG traded down $0.01 during trading hours on Friday, hitting $0.16. 2,166,567 shares of the stock were exchanged, compared to its average volume of 1,222,550. Platinum Group Metals Limited has a 1-year low of $0.08 and a 1-year high of $0.58.

Platinum Group Metals (NYSEAMERICAN:PLG) (TSE:PTM) last released its quarterly earnings results on Monday, July 16th. The basic materials company reported ($0.05) earnings per share (EPS) for the quarter.

To read full article please click here