Is PLATINA RESOURCES LTD PERTH WA ORDINARY (OTCMKTS:PTNUF)’s Fuel Running High? Reports Show Less Sellers

August 10, 2018 - By Alfred Lee

The stock of PLATINA RESOURCES LTD PERTH WA ORDINARY (OTCMKTS:PTNUF) registered a decrease of 62.16% in short interest. PTNUF’s total short interest was 2,800 shares in August as published by FINRA. Its down 62.16% from 7,400 shares, reported previously. With 11,500 shares average volume, it will take short sellers 0 days to cover their PTNUF’s short positions.

It closed at $0.06 lastly. It is down 0.00% since August 10, 2017 and is . It has underperformed by 12.57% the S&P500.

Platina Resources Limited acquires, explores for, and develops precious and specialty metal projects in Australia and Greenland. The company has market cap of $16.58 million. The firm explores for scandium, platinum, gold, palladium, and base metals. It currently has negative earnings. It primarily owns 100% interests in the Owendale Scandium and Platinum Project located in central New South Wales, Australia; Skaergaard Gold and Platinum Group Metal project located in Greenland; and Munni Munni PGM Project in Western Australia.

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