Platinum ETF (PLTM) Hits New 52-Week High
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 12 2025
0mins
Source: NASDAQ.COM
GraniteShares Platinum Trust Performance: The GraniteShares Platinum Trust (PLTM) has reached a 52-week high, increasing by 42.3% from its low, driven by a surge in platinum prices due to supply shortages and strong demand from various sectors.
Outlook for PLTM: Despite a high-risk outlook, the fund shows potential for continued gains with a positive weighted alpha of 42.50, indicating possible further rallies in the near term.
Analyst Views on PLTM
Wall Street analysts forecast PLTM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PLTM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 23.910
Low
Averages
High
Current: 23.910
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
