Platinum Group Metals shares rise 9.29% intraday as platinum prices surge to over $1500 per ounce and the company advances Waterberg mine project and next-gen battery technology with Valterra Platinum.

Platinum Group Metals Ltd. surged 9.29% intraday, driven by a rise in platinum prices to over $1500 per ounce by the end of September and the company's ongoing development of the Waterberg mine project in South Africa, as well as its collaboration with Valterra Platinum on next-generation palladium-based battery technology.