Consolidated Investment Analysis for North American Palladium Ltd (AMEX: PAL)

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Consolidated Investment Analysis for North American Palladium Ltd North American Palladium Ltd. (AMEX: PAL) Company Description The company was incorporated in 1968 under the name of Madeleine Mines Ltd and later in June 1993 changed its business scope and name to North American Palladium Ltd. (AMEX: PAL). Based in Toronto, Canada the company is engaged in exploration and mining for platinum group metals, gold and other precious metals in Canada. The company explores number of precious metals including palladium, gold, silver, nickel, platinum and copper metals. The company’s exploration properties include Sleeping Giant gold mine located in Abitibi in Quebec, Canada. Moreover the company also holds 100 percent interest in an open pit mine, an underground mine and processing facilities by the name of Lac des Iles palladium located in the Thunder Bay District of Ontario, Canada. Share Statistics Symbol

PAL

Beta

1.93

Current Price

$6.45

Market Capitalization:

959.88M

52 week range

$2.76 - $6.76

Outstanding Shares

149.19M

Avg Volume

3.83M

Share Float

97.35M

Financial Summary As per its last financial statements ending on September 30 th, 2010 North American Palladium Ltd. (AMEX: PAL) earned the total revenue of $33.72 million for the quarter as compared to the revenue of $21.68 million for the quarter ended June 30th, 2010. The change reports the increase of 55 percent as compared to its prior quarter. The company reported the net profit of $3.19 million or earnings of $0.02 for the quarter ended September 30th, 2010 as compared to loss of $11.56 million for the quarter ended June 30 th, 2010. The company total assets accumulate up to $307.20 million with current assets of 186.97 million as on September 30th, 2010. The company maintains the current ratio of 7.18 times depicting that current assets are maintained 7.18 times more than current liabilities. Company’s strong short term liquidity position is also evident from the fact that cash and cash equivalents cover the company’s total liabilities by 2.69 times.


Analysts’ Consensus Buy

Overweight

Hold

Underweight

Sell

The consensus based on 7 analysts’ recommendation for North American Palladium Ltd. (AMEX: PAL) is as follows:Analyst Detail

Buy

Overweight

Hold

Underweight

Sell

Current

5

1

0

1

0

One Month Ago

3

1

0

1

0

Three Months Ago

5

1

0

1

0

Based on consensus of the recommendations of seven analysts the share price for PAL falls in overweight on basis of median. However 5 out 7 analysts recommend the buy for the share price. Technical Analysis Chart


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