Platinum Group Metals (PLG +6.3%) is upgraded to Outperform with a $1.75 price target at RBC...

|About: Platinum Group Metals Ltd (PLG)|By:, SA News Editor

Platinum Group Metals (PLG +6.3%) is upgraded to Outperform with a $1.75 price target at RBC after PLG received an expanded drilling permit to test the up-dip extension of the Waterberg deposit. If the deposit continues to surface, it could result in a significant resource expansion and potentially be amenable to open pit mining and/or low-cost bulk underground mining.