Equities research analysts at BMO Capital Markets began coverage on shares of North American Palladium (OTCMKTS:PALDF) in a note issued to investors on Thursday, The Fly reports. The brokerage set an “outperform” rating on the basic materials company’s stock.
Separately, ValuEngine downgraded shares of North American Palladium from a “buy” rating to a “hold” rating in a report on Monday, April 29th.
North American Palladium stock opened at $8.77 on Thursday. North American Palladium has a 1 year low of $6.62 and a 1 year high of $19.91. The company has a market capitalization of $491.32 million, a P/E ratio of 6.09 and a beta of 1.95. The company has a quick ratio of 1.28, a current ratio of 1.64 and a debt-to-equity ratio of 0.01.
North American Palladium (OTCMKTS:PALDF) last released its earnings results on Thursday, February 14th. The basic materials company reported $0.49 earnings per share (EPS) for the quarter. North American Palladium had a net margin of 33.05% and a return on equity of 21.02%. The firm had revenue of $92.70 million during the quarter.
About North American Palladium
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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