Two buys plus one sell in platinum mining stocks

Ben Richards

Investment Analyst

Ben Richards from Seneca gives us a platinum group metals (PGEs) stocks.

  • Chalice Mining (CHN) – cautious, hold/sell. Big discovery at Julimar but valuation looks full given some risk around metallurgy.
  • Galileo Mining (GAL) – buy. Callisto discovery near Norseman in WA continues to grow with more drilling. Good management.
  • Kingsrose Mining (KRM) – buy. KRM has acquired three PGE (platinum group elements) projects over the last two years in Finland and Norway, using proceeds from the sale of a gold mine in Indonesia. Penikat the flagship asset in Finland looks interesting.

 

Watch the interview: Ausbiz – Two buys plus one sell in platinum mining stocks