News

Platinum Group posts 2nd-quarter loss of $1.9 million

VANCOUVER – VANCOUVER, British Columbia (AP) _ Platinum Group Metals Ltd. (PLG) on Tuesday reported a fiscal second-quarter loss of $1.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 2 cents.

In the final minutes of trading on Tuesday, the company’s shares hit $3.62. A year ago, they were trading at $5.43.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLG at http://www.zacks.com/ap/PLG

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Keywords: Platinum Group, Earnings Report