PGM (iPath Series B Bloomberg Platinum Subindex Total Return ETN) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.

The ETN offers exposure to futures contracts and not direct exposure to the physical commodities. The index is composed of one or more futures contracts on the relevant commodity (the “index components”) and is intended to reflect the returns that are potentially available through (1) an unleveraged investment in those contracts plus (2) the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.
Is PGM's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Valterra Platinum Limited could see nice volume increases from the Sandsloot investment decision in 2027, maybe as much as a 25% overall increase. However, that's a best-case scenario, and the drawdown in PGM prices could continue on macro pressures. While operationally Valterra can't much be faulted, it is ultimately a PGM price bet, and we see more headwinds than tailwinds, including on technical effects around the debasement trade.

Valterra Platinum is undervalued as a strategic, integrated PGM platform rather than a traditional cyclical miner. ANGPY's 2025 adjusted EBITDA rose 68% to R33.4B, with margins expanding to 38%, supported by cost control and a net cash position. Valterra's processing and refining dominance, notably its PMR facility, provides structural advantages and strategic value beyond mine-level multiples.

Impala Platinum Holdings Limited (IMPUY) is a leading PGM mining company with significant industry presence. IMPUY has enjoyed strengthened balance books from the recent PGM price surge. Because company policy ties dividend payouts to free cash flow, IMPUY now boasts very attractive dividend yields.

April 16, 2026 - TheNewswire – Rockport, Ontario– New Age Metals Inc. (TSX.V: NAM | OTCQB: NMTLF | FSE: P7J) (“NAM” or the “Company”) is pleased to announce that it has entered into an option agreement (the “Agreement”) to acquire a 100% interest in the Gravel Ridge PGM Property , located proximal to the Lac des Îles Mine in Northwestern Ontario. This acquisition represents a strategic expansion of the Company's Platreef PGM Project and further consolidates its growing platinum group metals (“PGM”) projects in the Thunder Bay Mining Division. Highlights

NEW YORK--(BUSINESS WIRE)-- #Lifezone--Lifezone Metals Limited's (NYSE: LZM) Chief Executive Officer, Chris Showalter, and Chief Technology Officer, Dr. Mike Adams, are pleased to announce first production of platinum, palladium and rhodium, collectively Platinum Group Metals (PGMs), from U.S.-sourced spent automotive catalytic converters (“Autocats”). The work was undertaken to inform design criteria for a planned Autocats recycling precious metals refinery in the United States and marks the first refined.