Considering investing in platinum stocks? While the best platinum stocks depend on your portfolio and investment goals, we've identified some platinum stocks that are worth keeping an eye on in the precious metals sector. Keep reading to learn more about platinum stocks and how to start investing.
5 popular platinum stocks to watch
We round up a selection of stocks in or related to the precious metals industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| Franco-Nevada Corporation (FNV.US) | 56.91% | $36.1 billion | NYSE | 494,900 | Buy now |
| ASA Gold and Precious Metals (ASA.US) | 113.70% | $867.4 million | NYSE | 56,800 | Buy now |
| Tiffany-and-Co (TIF.US) | (data unavailable) | $16 billion | NYSE | (data unavailable) | Buy now |
| Sibanye Gold Ltd ADR (SBSW.US) | 125.87% | $7.6 billion | NYSE | 7,288,962 | Buy now |
| Wheaton Precious Metals (WPM.US) | 52.82% | $44 billion | NYSE | 1,449,733 | Buy now |
What to look for when investing in platinum stock
The precious metals industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering platinum stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in platinum stock
- Research the precious metals industry. Before investing, learn about the platinum stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the platinum stock(s) to buy. Search by company name or ticker symbol, like FNV or ASA. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy platinum stocks
Are platinum stocks a good investment?
While it's possible to turn a profit investing in platinum stocks, keep in mind that—like any investment—platinum stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the precious metals industry, so carefully vet your picks before you invest.What are the best platinum stocks?
A lot of factors go into picking the best platinum stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong platinum stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular platinum stocks in or related to the precious metals industry to help narrow down your options:
- Franco-Nevada Corporation
- ASA Gold and Precious Metals
- Tiffany-and-Co
- Sibanye Gold Ltd ADR
- Wheaton Precious Metals
Keep in mind that this is not a "best" list or a recommendation. It highlights some platinum stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each platinum stock below. Keep reading to decide if any of these companies are the right investment for you.
Franco-Nevada Corporation (FNV)
Franco-Nevada Corporation operates as a royalty and stream company focused on precious metals in South America, Central America, Mexico, the United States, Canada, Australia, Europe, and internationally. It operates through Precious Metals, Other Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.
| Closing stock price | $192.12 |
|---|---|
| Market Capitalization | $36.1 billion |
| Gross profit (TTM) | $1.2 billion |
| Profit margin | 59.42% |
| Revenue (TTM) | $1.3 billion |
| Earnings per share (TTM) | $4.07 |
| 52-week stock price range | $111.61 – $225.64 |
ASA Gold and Precious Metals (ASA)
ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals.
| Closing stock price | $45.90 |
|---|---|
| Market Capitalization | $867.4 million |
| Gross profit (TTM) | $4 million |
| Profit margin | 9,430.13% |
| Revenue (TTM) | $4 million |
| Earnings per share (TTM) | $13.93 |
| 52-week stock price range | $19.35 – $53.76 |
Tiffany-and-Co (TIF)
Tiffany & Co. , through its subsidiaries, designs, manufactures, and retails jewelry and other items. The company offers jewelry collections, engagement rings, and wedding bands.
| Market Capitalization | $16 billion |
|---|---|
| Gross profit (TTM) | $2.8 billion |
| Profit margin | 7.84% |
| Revenue (TTM) | $3.7 billion |
| Earnings per share (TTM) | $2.36 |
Sibanye Gold Ltd ADR (SBSW)
Sibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Europe, and Australia. The company produces gold; platinum group metals (PGMs), including palladium, platinum, rhodium, iridium, and ruthenium; chrome; lithium; zinc; nickel; and silver, cobalt, and copper. Sibanye Stillwater Limited was founded in 2013 and is headquartered in Weltevredenpark, South Africa.
| Closing stock price | $10.39 |
|---|---|
| Market Capitalization | $7.6 billion |
| Gross profit (TTM) | $16.3 billion |
| Profit margin | -3.18% |
| Revenue (TTM) | $111.7 billion |
| Earnings per share (TTM) | -$0.29 |
| 52-week stock price range | $3.05 – $13.11 |
Wheaton Precious Metals (WPM)
Wheaton Precious Metals Corp. sells precious metals in North America, Europe, Africa, and South America. The company primarily produces and sells gold, silver, palladium, Platinum, and cobalt deposits.
| Closing stock price | $99.06 |
|---|---|
| Market Capitalization | $44 billion |
| Gross profit (TTM) | $1.4 billion |
| Profit margin | 47.46% |
| Revenue (TTM) | $1.7 billion |
| Earnings per share (TTM) | $1.74 |
| 52-week stock price range | $55.14 – $114.36 |
Compare trading platforms to buy platinum stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding platinum stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of platinum stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the precious metals industry to know when to buy, sell or hold.Frequently asked questions about platinum stocks
Sources
Check these other commodities and investment sectors
If you're thinking about diversifying your portfolio and investing in sectors beyond platinum stocks, here are some others you can consider:More guides on Finder
-
Acorns Canada alternatives
Find out why you can’t use the Acorns app in Canada and explore six Acorns alternatives.
-
NinjaTrader Canada alternatives
Compare six NinjaTrader Canada alternatives to find the best trading platform for you.
-
Questrade promotions and offer codes
New to Questrade? Check out available promotions and offer codes on now.
-
Top Crypto Treasury Companies Holding Bitcoin, ETH and more
Track the companies that are adding Bitcoin, ETH or XRP to their balance sheets.
-
Low-cost and commission-free stock trading in Canada
Learn how to choose a free trading platform in Canada to buy and sell stocks.
-
What are stocks?
Owning a stock means you own part of a company and can potentially grow your wealth. But there is a risk of loss.
-
Trading promos & investment account bonuses for 2025
Enjoy perks like free trades and cash back when you open a stock trading account with these online broker promotions.
-
Best renewable energy stocks
These are the best renewable energy stocks to buy now in Canada.
-
How to give stock as a gift
Your step-by-step guide to giving stock as a gift and the tax implications you need to know.
-
Qtrade review
Qtrade offers free trades for 100+ ETFs and discounts for active and young investors. But the platform has some drawbacks.