We're Not Very Worried About Platinum Group Metals' (TSE:PTM) Cash Burn Rate [Yahoo! Finance]
Platinum Group Metals Ltd. Ordinary Shares (Canada) (PLG)
NASDAQ:AMEX Investor Relations:
platinumgroupmetals.net/investor-relations/default.aspx
Company Research
Source: Yahoo! Finance
Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly. In light of its strong share price run, we think now is a good time to investigate how risky Platinum Group Metals' cash burn is. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. Let's start with an examination of the business' cash, relative to its cash burn. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. In August 2025, Platinum Group Metals had US$12m in cash, and was debt-free. Looking at the last year, the company burnt through US$5.5m. That means it had a cash runway of about 2.1 years as of August 2025. Arguably, that's a prudent and sensible len
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Sec Filings
- 11/26/25 - Form 40-F
- 11/26/25 - Form 6-K
- PLG's page on the SEC website