-
Ivanhoe Mines Ltd. (IVN $15.05)
-
Platinum Group Metals Ltd. (PTM $3.32)
-
Generation Mining Ltd - Ordinary Shares (GENM $0.40)
Q: What are your top Canadian stock(s) if one wanted exposure to platinum?
Thanks for the great service!
Thanks for the great service!
5i Research Answer:
In Canada, there are not that many choices. Most larger producers are in South Africa. Most companies produce both platinum and palladium and we generally view the two metals as a group. PLG:US is one option (non producing). It is a Canadian company but trades in the US. GENM is also non-producing but is up 400% in the past year. ELR is a tiny ($85M market cap) developer. IVN has a large reserve base but only recently started production. PTM is another option and we had brief comments on the company in yesterday's questions.