---
title: "Platinum Group Metals FY26 Q3 net loss narrows to USD 2.88 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292813210.md"
description: "Platinum Group Metals reported a narrowed net loss of USD 2.88 million for the nine months ended May 31, 2026, compared to USD 3.4 million in the prior year. Loss per share improved to USD 0.02 from USD 0.03. Finance income rose significantly to USD 0.97 million, while general and administrative expenses increased slightly. Waterberg project spending reached USD 1.8 million, with accumulated capitalized costs at USD 55.2 million. Drilling programs advanced, collecting 398 kg of ore for flotation testing."
datetime: "2026-07-15T20:26:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292813210.md)
  - [en](https://longbridge.com/en/news/292813210.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292813210.md)
---

# Platinum Group Metals FY26 Q3 net loss narrows to USD 2.88 million

-   Platinum Group Metals posted a net loss of USD 2.88 million for the nine months ended May 31, 2026, narrowing from USD 3.4 million a year earlier. \* Basic and diluted loss per share improved to USD 0.02 from USD 0.03 in the prior-year period. \* Finance income climbed to USD 0.97 million from USD 0.14 million year-over-year; general and administrative expense rose to USD 2.88 million from USD 2.78 million. \* Waterberg spending totaled about USD 1.8 million before partner reimbursements, lifting accumulated capitalized net costs to USD 55.2 million at May 31. \* Project work advanced with a 14-hole T-Zone metallurgical drilling program; about 398 kg of ore was collected, with flotation testing planned. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Platinum Group Metals Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607151625NEWSFILECNPR\_\_\_\_20260715\_305020\_1) on July 15, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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