The shiny, silvery-white metal platinum has emerged as a reliable alternative to popular precious metals like gold and silver owing to its stronger tensile strength, better scratch resistance and regular wear and tear. It makes it an ideal choice for daily-use jewelery. Additionally, it is popularly used as a catalytic converters for vehicles to facilitate the complete combustion of unburned hydrocarbon which passes through the exhaust system of the vehicle. Platinum also finds use in decoration and dental work. Investors often like to invest in companies which are in the platinum metal business, and have a lot of choice. However, one must note that pure-play platinum companies - that is, those operating only in platinum - are difficult to find. Owing to the common mining requirements, companies mining and processing platinum also mine other metals and minerals like gold and silver. Similarly, companies in the business of making jewelry from platinum also use other precious metals. Companies operating in the platinum business include those which are exploring, developing and mining the shiny precious metal, or those which process and purify it for use in the required fields, or those which manufacture finished items like jewellery, dental and decorative items. See also, List of Best Performing Gold Stocks, Silver Stocks, and Palladium Stocks. Additionally, there is the list of best performing Precious Metals Stocks.
This article provides a list of platinum stocks which have generated the highest returns in the year 2020 till date of writing. The list is prepared based on the percentage returns generated by the individual platinum stocks between the end of the previous and Dec 31, 2020, and the top 10 return generating platinum stocks are listed below.
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The following list presents stocks of the companies which belong to the broader Platinum sector or the stock market index, their corresponding prices as of given date, and the percentage gains realized: 1) A-Mark Precious Metals, Inc. (AMRK)
There's more... See price performance, YTD-gains, market-cap and other details of all the 6 Platinum stocks with sorting features in a tabular format. Alternatively, one can also explore the List of Top Platinum ETFs.
Here's a look at the basic details and how the above mentioned stocks fared during the period:
A-Mark Precious Metals
A-Mark Precious Metals, Inc., together with its subsidiaries, operates as a precious metals trading company worldwide. The company offers gold, silver, platinum, and palladium in the form of bars, pla ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of A-Mark Precious Metals. The California, CA-headquartered company A-Mark Precious Metals, Inc. (AMRK) is ranked number one among the best performing stocks of Platinum of 2020. The Basic Industries sector business falls under the Other Specialty Stores industrial sub-sector. Since the start of the year 2020, the stock price of A-Mark Precious Metals has changed by 210.16 percent, which is calculated based on the previous year's closing price of $8.27 per share and year-to-date closing price of $25.65 per share as of writing. The market value of the company as indicated by its market-cap changed from $58.15 million to $181.86 million during the same period. Along with Platinum, the company is also in the business of Silver, Palladium, Basic Industries, Specialty Stores, Financial Services, Capital Markets, Wilshire 5000, Russell 2000, among other usual products and services. A-Mark Precious Metals continues to be a leading constituent of many major stock market indexes like Wilshire 5000 index, Russell 2000 index, and a few other larger indexes which are part of the stock market.
Platinum Group Metals Ltd. engages in the acquisition, exploration, and development of platinum and palladium properties. It explores for platinum, palladium, rhodium, gold, ruthenium, iridium, copper ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of Platinum Metals. The Canada-based Platinum Group Metals Ltd. (PLG) belongs to the Basic Industries sector and is categorized as a Precious Metals company. The stock of Platinum Metals ended the previous year at a price of $1.69 per share. As of Dec 31, 2020, the stock price has reached $4.64 apiece, which indicates a change of 174.56 percent making the company rank among the top performing stocks of the Platinum for the year 2020 till date. At the end of the last year, company's market capitalization stood at $103.92 million. It has now changed to $330.74 million as of writing.
ASA Gold and Precious Metals
ASA Limited, incorporated on April 29, 2003, is a closed-end management investment company. The Company invests in the companies engaged in the exploration, mining or processing of gold, silver, platinum, ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of ASA Gold and Precious Metals. During the given months of the year 2020, ASA Gold and Precious Metals Limited (ASA) was successful in generating YTD returns of 60.45 percentage which helped it gain the number three spot in the list of the top performing stocks which generated maximum returns during year 2020 till date. As of December of the previous year, the stock of the California, CA-based ASA Gold and Precious Metals closed at a price of $13.63 per share, while it traded at a price of $21.87 per share as of Dec 31, 2020. The company's market cap changed from $262.92 million to $421.87 million during the same period YTD. The company is classified under the Finance industry sector and further specialized as a Investment Managers sector business.
Sibanye Gold Limited (Sibanye), incorporated on December 12, 2002, is a South Africa-based mining company. The Company owns and operates gold and uranium operations, and projects throughout the Witwatersrand Basin. ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of Sibanye Gold. Rank number four in the coveted list is held by Sibanye Gold Limited (SBGL) for being among the top performing stocks of 2020. Headquartered in South Africa, the Basic Industries sector company is categorized under the industrial sub-sector of Precious Metals. Since the start of the year 2020, stock of Sibanye Gold has so far gained 23.46 percentage, based on the previous year's closing price of $9.93 per share and year-to-date price of $12.26 per share. During the same period, the market capitalization of the company changed from $6.53 billion to $7.89 billion.
Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Mexico, Peru, Chile, Australia, and Africa. The company also holds interests in silver, pl ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of Franco-Nevada. At number five in the list of top stocks stands Franco-Nevada Corporation (FNV), which saw a change in its stock price from the level of $103.3 apiece during previous year December end to the price of $125.33 per share as of Dec 31, 2020. It translates to a change of 21.33 percentage. The Canada-headquartered Basic Industries sector company also saw its market value change from $19.47 billion to $23.8 billion.
DGSE Companies, Inc. (DGSE), incorporated on October 17, 1965, buys and sells jewelry, diamonds, fine watches, rare coins and currency, precious metal bullion products, scrap gold, silver, platinum and palladium, ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of DGSE Companies. DGSE Companies, Inc. (DGSE) has moved by -100 percentage over the given period of 2020-YTD, helping it gain a place at number six among the top performing stocks. The Consumer Services sector company managed to achieve the feat as its stock price changed from $1.4 apiece to the price of $0 per share between the end of December of the previous year and Dec 31, 2020. The smart run of the Texas, TX-based Consumer Specialties sector company lead to a handsome gain in its marketcap which changed from $37.97 million to $0 million over the same duration.This page is updated every week/month. Bookmark this site to track the best performing stocks regularly.