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.
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 on Qtrade |
|---|---|---|---|---|---|
| Franco-Nevada Corporation (FNV.US) | 72.37% | $45.4 billion (USD) | NYSE | 1,945,000 | |
| ASA Gold and Precious Metals (ASA.US) | (data unavailable) | $917.4 million (USD) | NYSE | (data unavailable) | |
| Tiffany-and-Co (TIF.US) | (data unavailable) | $16 billion (USD) | NYSE | (data unavailable) | |
| Sibanye Gold Ltd ADR (SBSW.US) | (data unavailable) | $12.1 billion (USD) | NYSE | (data unavailable) | |
| Wheaton Precious Metals (WPM.US) | (data unavailable) | $64.3 billion (USD) | NYSE | (data unavailable) |
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.
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:
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 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 | $234.36 |
|---|---|
| Market Capitalization | $45.4 billion |
| Gross profit (TTM) | $1.4 billion |
| Profit margin | 60.06% |
| Revenue (TTM) | $1.5 billion |
| Earnings per share (TTM) | $4.27 |
| 52-week stock price range | $133.99 – $273.56 |
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.
| Market Capitalization | $917.4 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 | $22.67 – $78.21 |
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 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.
| Market Capitalization | $12.1 billion |
|---|---|
| Gross profit (TTM) | $16.3 billion |
| Profit margin | -3.18% |
| Revenue (TTM) | $111.7 billion |
| Earnings per share (TTM) | -$0.27 |
| 52-week stock price range | $3.05 – $21.29 |
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.
| Market Capitalization | $64.3 billion |
|---|---|
| Gross profit (TTM) | $1.5 billion |
| Profit margin | 54.72% |
| Revenue (TTM) | $1.8 billion |
| Earnings per share (TTM) | $2.20 |
| 52-week stock price range | $61.55 – $160.36 |
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