PLATINUM GROUP METALS
With the platinum group metals (PGM) basket price remaining at low levels, particularly with platinum pricing at about $935/oz currently, investors are looking at how mining companies are able to generate free cash flow, the cost of their operations and their commodity mix.
Commenting on investors’ sentiment towards PGMs at the moment, JP Morgan metals and mining equity analyst Catherine Cunningham says investors favour the companies that are best able to weather the storm, should it continue for longer.
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