Why Platinum Group Metals Ltd.’s (PLG) Stock Is Up 5.45%

By Jenna Brashear
January 15, 2026
Featured Tickers:
PLG

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Platinum Group Metals Ltd. before investing.

In this article, we go over a few key elements for understanding Platinum Group Metals Ltd.’s stock price such as:

  • Platinum Group Metals Ltd.’s current stock price and volume
  • Why Platinum Group Metals Ltd.’s stock price changed recently
  • Upgrades and downgrades for PLG from analysts
  • PLG’s stock price momentum as measured by its relative strength

About Platinum Group Metals Ltd. (PLG)

Before we jump into Platinum Group Metals Ltd.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Platinum Group Metals Ltd. engages in the acquisition, exploration, and development of platinum and palladium properties. The company explores for palladium, platinum, gold, copper, nickel, and rhodium deposits. It also holds 50.16 % interest in the Waterberg project located on the Northern Limb of the Bushveld Igneous Complex, South Africa. The company develops next-generation battery technology using platinum and palladium. Platinum Group Metals Ltd. was founded in 2000 and is headquartered in Vancouver, Canada.

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Platinum Group Metals Ltd.’s Stock Price as of Market Close

As of January 15, 2026, 1:32 PM, CST, Platinum Group Metals Ltd.’s stock price was $2.785.

Platinum Group Metals Ltd. is up 0.36% from its previous closing price of $2.775.

During the last market session, Platinum Group Metals Ltd.’s stock traded between $2.560 and $2.790. Currently, there are approximately 111.48 million shares outstanding for Platinum Group Metals Ltd..

Platinum Group Metals Ltd.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

Platinum Group Metals Ltd. Stock Price History

Platinum Group Metals Ltd.’s (PLG) price is currently up 18.01% so far this month.

During the month of January, Platinum Group Metals Ltd.’s stock price has reached a high of $2.960 and a low of $2.215.

Over the last year, Platinum Group Metals Ltd. has hit prices as high as $3.360 and as low as $0.990. Year to date, Platinum Group Metals Ltd.’s stock is up 18.01%.

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What Caused Platinum Group Metals Ltd. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of January 14, 2026, there were analysts who downgraded Platinum Group Metals Ltd.’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Platinum Group Metals Ltd.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Platinum Group Metals Ltd.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Platinum Group Metals Ltd. (PLG) by visiting AAII Stock Evaluator.

Relative Price Strength of Platinum Group Metals Ltd.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of January 14, 2026, Platinum Group Metals Ltd. has a weighted four-quarter relative price strength of 12.93%, which translates to a Momentum Score of 84 and is considered to be Very Strong.

Want to learn more about how Platinum Group Metals Ltd. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Platinum Group Metals Ltd. Stock Price: Bottom Line

As of January 15, 2026, Platinum Group Metals Ltd.’s stock price is $2.785, which is up 0.36% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Platinum Group Metals Ltd. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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