North American Palladium (OTCMKTS:PALDF) Raised to “Sell” at ValuEngine

ValuEngine upgraded shares of North American Palladium (OTCMKTS:PALDF) from a strong sell rating to a sell rating in a research note released on Monday, ValuEngine reports.

Separately, Royal Bank of Canada began coverage on North American Palladium in a research note on Tuesday, October 1st. They issued an outperform rating on the stock.

Shares of North American Palladium stock opened at $14.92 on Monday. The business’s fifty day simple moving average is $14.50 and its 200 day simple moving average is $11.36. The firm has a market capitalization of $879.66 million, a P/E ratio of 9.17 and a beta of 2.07. North American Palladium has a 12 month low of $6.69 and a 12 month high of $19.91. The company has a current ratio of 3.65, a quick ratio of 3.05 and a debt-to-equity ratio of 0.01.

North American Palladium Company Profile

North American Palladium Ltd. produces precious metals in Canada. It explores for palladium, platinum, gold, nickel, copper, and other metals. It primarily holds interest in the Lac des Iles mine that is located to the northwest of Thunder Bay, Ontario. The company was founded in 1968 and is headquartered in Toronto, Canada.

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