Platinum Group Metals stock last at USD 1.15 on October 16, 2026, P/ E -32.9

Published on 10/17/2026 at 21:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lion Battery has eight U.S. patents as of October 1, 2026. Platinum Group Metals stock was last at USD 1.15 on October 16, 2026, flat on NYSE.

Valuation and technology

Platinum Group Metals had a price-earnings ratio of minus 32.86 on October 16, 2026.
Lion Battery had eight U.S. patents as of October 1, 2026.
Platinum Group Metals stock was last at USD 1.15 on October 16, 2026 at 4:00 p.m. ET on the NYSE, flat on the day.
Market capitalization stood at USD 147.1 million on October 16, 2026.

PTM, CA72765Q8829, Illustration mit AI erstellt.

Platinum Group Metals stock carried a negative price-earnings ratio of minus 32.86 on October 16, 2026, highlighting the company's pre-revenue profile. Platinum Group Metals was last at USD 1.15 on October 16, 2026 at 4:00 p.m. ET on the NYSE, flat on the day.

Eight patents support battery work

Platinum Group Metals' majority-owned Lion Battery Technologies has eight U.S. patents supporting its platinum- and palladium-based lithium-sulfur battery program. The Globe and Mail reported on October 1, 2026 that the program had completed independent testing and was moving toward pilot-scale manufacturing.

Stock stays near its yearly low

The NYSE price of USD 1.15 on October 16, 2026 stood USD 0.05 above the 52-week low of USD 1.10 and USD 2.89 below the 52-week high of USD 4.04. The session volume was 0 shares against an average volume of 812,392 shares, so no volume comparison is drawn from that session.

Losses shape the valuation

Platinum Group Metals reported an operating loss of USD 4.79 million and a net loss of USD 4.54 million for fiscal year 2025. The fiscal-year figures were lower in absolute operating loss than USD 5.01 million and net loss than USD 4.61 million in fiscal year 2024. Cash stood at USD 0.42 million on August 31, 2025, compared with USD 3.70 million a year earlier.

Comparison with peers

PTM (NYSE, USD): unchanged, price-earnings ratio minus 32.86, market capitalization USD 147.1 million

Wheaton Precious Metals (NYSE, USD): plus 0.77 percent, price-earnings ratio 29.75, market capitalization USD 60.9 billion

Sibanye Stillwater (NYSE, USD): plus 1.61 percent, price-earnings ratio 8.48, market capitalization USD 7.2 billion

Price and valuation remain central

The contrast is clear: Platinum Group Metals is still valued against a business that is developing assets and battery technology, while the two larger mining peers already have positive earnings multiples. The company reported 13 full-time employees in its latest company profile, and its main Waterberg project remains a central development asset in South Africa.

Platinum Group Metals was last at USD 1.15 on October 16, 2026 at 4:00 p.m. ET on the NYSE, flat on the day. The market capitalization was USD 147.1 million on October 16, 2026.