Liberty Mutual Group Asset Management buys $48,662,140 stake in Platinum Group Metals Limited (USA) (PLG)

Platinum Group Metals Limited (USA) (PLG) : Liberty Mutual Group Asset Management scooped up 131,654 additional shares in Platinum Group Metals Limited (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 15,065,678 shares of Platinum Group Metals Limited (USA) which is valued at $48,662,140.Platinum Group Metals Limited (USA) makes up approximately 1.75% of Liberty Mutual Group Asset Management’s portfolio.

Other Hedge Funds, Including , Blackrock Investment Management boosted its stake in PLG in the latest quarter, The investment management firm added 228,740 additional shares and now holds a total of 775,624 shares of Platinum Group Metals Limited (USA) which is valued at $2,505,266.Blackrock Advisors boosted its stake in PLG in the latest quarter, The investment management firm added 1,769,254 additional shares and now holds a total of 6,637,549 shares of Platinum Group Metals Limited (USA) which is valued at $21,439,283. Platinum Group Metals Limited (USA) makes up approx 0.02% of Blackrock Advisors’s portfolio.Tower Research Capital (trc) boosted its stake in PLG in the latest quarter, The investment management firm added 3,103 additional shares and now holds a total of 3,203 shares of Platinum Group Metals Limited (USA) which is valued at $10,346.Blackrock Institutional Trust Company N.a. boosted its stake in PLG in the latest quarter, The investment management firm added 57,046 additional shares and now holds a total of 200,646 shares of Platinum Group Metals Limited (USA) which is valued at $648,087.

Platinum Group Metals Limited (USA) closed down -0.17 points or -5.47% at $2.94 with 5,56,848 shares getting traded on Monday. Post opening the session at $3.07, the shares hit an intraday low of $2.92 and an intraday high of $3.13 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Many Wall Street Analysts have commented on Platinum Group Metals Limited (USA). Platinum Group Metals Limited (USA) was Upgraded by CIBC to ” Sector Perform” on Jun 27, 2016.

Platinum Group Metals Ltd. (Platinum Group) is a platinum-focused exploration and development company. Platinum Group conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa and in Canada. The Company’s business is focused on the construction of the Project 1 platinum mine and the exploration and initial engineering on the Waterberg Platinum deposit where the Company is the operator of the 255 square kilometers Waterberg joint venture project (the Waterberg JV Project) with the Japan Oil Gas and Metals National Corporation (JOGMEC) and Mnombo Wethu Consultants (Pty) Ltd. (Mnombo). The Company is the operator of the Waterberg Projects consisting of the Waterberg JV Project and the Company’s exploration on prospecting rights on the Waterberg Extension Project.

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