Plans to expand platinum production could mean this London-listed company is soon one of the world's top ten producers. In addition to PGMs, the company mines significant levels of chrome concentrate.
After their half-year results were released, equity analysts issued a note reiterating a price target 250% higher than the company's current share price.
Underpinning the analysts' price target, Johnson Matthey's recent PGM Market Report forecasts growing demand for the PGMs produced by this miner.
The share price has declined since a peak in early 2022, and the stock now trades at a ...
