5 platinum stocks to watch in 2021 | finder.com

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Platinum stocks

Ready to invest in the precious metals industry? Consider these 5 stocks.

The best platinum stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

How to buy platinum stocks

Sign up with an online broker or platform to invest in one of more of these platinum stocks.
  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Use our comparison table to narrow down top brokers by fees and bonuses.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for the stock you're interested in. Find the stock by name or ticker symbol, like FNV or ASA. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Invest in the precious metals industry today with a market order or use a limit order to delay your purchase until the stock reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy fractional shares, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of a platinum company. Optimize your portfolio by tracking how your stock — and even the precious metals sector as a whole — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Compare platinum stocks

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 US stocks.

1. Franco-Nevada Corporation (FNV)

Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Latin America, Canada, Australia, Europe, and Africa, and internationally. It operates through two segment, Mining and Energy. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and energy comprising oil, gas, and natural gas liquids.

Franco-Nevada Corporation stock opened the day at $115.68 after a previous close of $112.97. The latest price was $117.99 (25 minute delay). Franco-Nevada Corporation is listed on the NYSE and has a trailing 12-month revenue of around USD1 billion.

  • Market capitalization: $23,655,997,440
  • P/E ratio: 71.7661
  • PEG ratio: 11.81

2. 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.

ASA Gold and Precious Metals stock opened the day at $19.71 after a previous close of $19.44. The latest price was $19.72 (25 minute delay). ASA Gold and Precious Metals is listed on the NYSE and has a trailing 12-month revenue of around USD$1.3 million.

  • Market capitalization: $391,006,272
  • P/E ratio: 2.1911
  • PEG ratio: 0

3. 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.

Tiffany-and-Co is listed on the NYSE, has a trailing 12-month revenue of around USD$3.7 billion and employs 14,100 staff.

  • Market capitalization: $16,044,431,360
  • P/E ratio: 55.6562
  • PEG ratio: 4.8797

4. Sibanye Stillwater (SBSW)

Sibanye Stillwater Limited operates as a precious metals mining company in South Africa, the United States, Zimbabwe, Canada, and Argentina. The company produces gold; platinum group metals (PGMs), including palladium, platinum, and rhodium projects; and by-products, such as iridium, ruthenium, nickel, copper, and chrome. It owns the East Boulder and Stillwater mines located in Montana, the United States; and Columbus metallurgical complex, which smelts the material mined to produce PGM-rich filter cake, as well as conducts PGM recycling activities.

Sibanye Stillwater stock opened the day at $17.65 after a previous close of $17.21. The latest price was $17.30 (25 minute delay). Sibanye Stillwater is listed on the NYSE, has a trailing 12-month revenue of around USD$127.4 billion and employs 80,000 staff.

  • Market capitalization: $14,411,505,664
  • P/E ratio: 3.7739

5. Wheaton Precious Metals (WPM)

Wheaton Precious Metals Corp. , a mining company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, and palladium ores.

Wheaton Precious Metals stock opened the day at $37.86 after a previous close of $37.48. The latest price was $37.59 (25 minute delay). Wheaton Precious Metals is listed on the NYSE, has a trailing 12-month revenue of around USD$1 billion and employs 39 staff.

  • Market capitalization: $16,923,832,320
  • P/E ratio: 39.6947
  • PEG ratio: 2.4

Compare trading platforms

Compare online trading platforms by fees, asset types and bonuses to find the best for your investment in platinum stocks.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
N/A
A free way to invest in stocks, ETFs and crypto.
Robinhood
$0
Stocks, Options, ETFs, Gold/Commodities
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract, $1 minimum
0%
N/A
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $2.50 and $250 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
$0
Stocks, ETFs
N/A
$0 per month
N/A
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Bottom line

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. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site