Northam Platinum LTD

JSE: NHM
R 33 499,00+R 1 045,02 (+3.22%)
OpenR 32 453,98
Prev CloseR 32 453,98
Day HighR 33 499,00
Day LowR 33 499,00
Bid / AskR 33 499,00 / R 33 499,00
Volume1.23M

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KO
Kobus J.@koos_price_action·9h ago
Pro
Neutral

Northam Platinum LTD down 0.2% to R14.80. Overreaction or justified? My read: overreaction.

AN
André B.@andre_systematic_trader·11h ago
Pro
Neutral

NHM and the Healthcare sector both under pressure. R14.80, -0.2%. Sector call or stock-specific?

PI
Pieter V.@mining_maven_sa·1d ago
Pro
Neutral

Northam sitting flat today at R14.80, but the real story is the PGM supply tightness we're seeing in the second half. Their all-in sustaining costs are running lean compared to spot palladium hovering near USD 1,000/oz, which gives them decent margin coverage even if refined outp

LU
Lucky M.@lucky_mining_fan·5d ago
Pro
Neutral

Wait, Northam in Healthcare? I thought they were mining platinum, that's what I know about. R14.80 today with that tiny gain, something feels off here.

KO
Kobus J.@koos_price_action·7d ago
Pro
Neutral

NHM holding that R14.80 level is interesting from a technical standpoint. Long-term chart shows a potential double bottom forming around the R14-R14.50 support zone, which if it breaks above R15.20 resistance could suggest a run towards R16.50-R17 territory. The consolidation pat

AN
André B.@andre_systematic_trader·7d ago
Pro
Bearish

NHM's 0.18% drift masks deteriorating PGM fundamentals: palladium autocatalyst demand remains structurally challenged by EV adoption, yet the market prices this like a cyclical recovery is baked in. The refined PGM spreads don't justify current valuation multiples relative to rep

MI
Michael A.@jse_momentum_mike·8d ago
Pro
Bullish

NHM's stuck in a narrow band around R14.80 while PGM fundamentals are recovering, but the market's treating this like a defensive play instead of a cyclical rerating opportunity. Breakout above R16.50 would signal real conviction, otherwise this 0.18% shuffle is just noise maskin