Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
Login Archives Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: commodities
Stocks: BVN, GSM, PVG, SWC, VEDL

10 Cheap Platinum Stocks Under $20

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 • March 24, 2017

View Comments

Start the conversation

Leave a Reply Click here to cancel reply.

You must be logged in to post a comment.

As a service to Money Morning readers, we've compiled a list of 10 cheap platinum stocks under $20 right now...

Platinum Stock Current Share Price 2017 Return
Stillwater Mining Co. (NYSE: SWC) $17.43 +8.2%
Vedanta Ltd. (NYSE ADR: VEDL) $16.23 +30.6%
Compania de Minas Buenaventura SAA (NYSE ADR: BVN) $12.43 +9.6%
Pretium Resources Inc. (NYSE: PVG) $11.07 +34.3%
Ferroglobe Plc. (Nasdaq: GSM) $9.92 -8.4%
Vale SA (NYSE ADR: VALE) $9.28 +22%
Ivanhoe Mines Ltd. (TSE: IVN) $4.64 +83.1%
Impala Platinum Holdings Ltd. (OTCMKTS ADR: IMPUY) $3.44 +8.9%
Platinum Group Metals Ltd. (NYSEMKT: PLG) $1.56 +9.1%
Polymet Mining Corp. (NYSEMKT: PLM) $0.75 +0.7%

The best-performing platinum stock under $20 this year has been Ivanhoe Mines. Shares of the Vancouver-based miner have soared 83.1% from $2.54 to $4.64.

cheap platinum stocks under $20

While we don't specifically recommend this stock, these big gains align with Money Morning Resource Specialist Peter Krauth's bullish expectations for platinum over the long term. In fact, he expects platinum prices to outperform gold and silver prices by a massive margin in 2017.

And there are three big factors fueling his bullish price prediction this year...

The most fundamental factor behind Krauth's platinum price forecast is the metal's rarity. Because platinum is extremely difficult to extract, mining companies rack up high operating costs, which lowers the incentive to drill for platinum. That's why global gold output in 2016 was 17 times bigger than global platinum output.

Another important factor that will push the price of platinum higher is the gold price rally. Because gold is overwhelmingly popular in terms of trading volume, it acts as a barometer for the rest of the precious metals sector.

In other words, strong demand for physical gold leads to strong demand for physical platinum and silver.

But there's a third factor that could have the biggest influence on platinum prices in 2017. It has to do with the largest source of industrial platinum demand, which makes up about 43% of all consumed platinum in the world.

Here's our shocking platinum price forecast for 2017, which shows how the metal could hand you strong double-digit returns by the year's end...

Follow us on Twitter and like us on Facebook.

Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter

Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…

Claim My Free Report

Subscribe
Login
Notify of
guest

guest

1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Kevin McCarthy
Kevin McCarthy
6 years ago

Hi,
I'm very interested in being added to the mailing list so that I might start doubling (or more) my small investment within 5 trading days so that I may start being able to build a solid base to invest in more lucrative trades in the near future. I've been looking for an opportunity like this for a very long time and finally have my small investment ready to start trading immediately.
Thank you so much for this opportunity!
Sincerely, Kevin McCarthy

0
Reply


Latest News

September 15, 2023 • By Shah Gilani

We're Headed for a Second Banking Crisis - Here's What to Do

September 14, 2023 • By Tom Gentile

Tulips Are the Secret to Trading the Next 300% Rally in AI

September 14, 2023 • By Chris Johnson

Tulips Are Telling Me How To Trade the Next 300% rally in AI
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Penny Hawk Midday Momentum
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Quantum Data Profits Flashpoint Trader Darknet Alpha Accelerators Brutus Alerts Resource Traders Alliance L.A.U.N.C.H. Investor Rob Roy Trader Long-Term Equity Profits

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz