North American Palladium (NYSE:PAL) posted its quarterly earnings results on Wednesday. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by $0.01, AnalystRatings.NET reports.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of North American Palladium from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. They now have a $0.30 price target on the stock. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The company has a consensus rating of “Hold” and an average price target of $0.30.
Shares of North American Palladium (NYSE:PAL) traded down 6.19% during mid-day trading on Wednesday, hitting $0.2897. 2,641,892 shares of the company’s stock traded hands. North American Palladium has a 52 week low of $0.23 and a 52 week high of $1.27. The stock’s 50-day moving average is $0.31 and its 200-day moving average is $0.36. The company’s market cap is $105.1 million.
North American Palladium Ltd. (NYSE:PAL) is a precious metals producer that has been operating its flagship Lac des Iles mine (LDI) located in Ontario, Canada.
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