Southern Palladium Ltd. ( (AU:SPD) ) has issued an update.
Southern Palladium Ltd. has released its interim financial report for the period ending December 31, 2024, showing a 23% increase in revenue to A$535,637, despite a rise in operating loss to A$3,761,503. The company’s key focus has been on advancing the Bengwenyama PGM project, which has been confirmed as commercially viable with a post-tax NPV of US$1.06 billion and a payback period of 3.5 years. The company emphasizes community engagement, working closely with local representatives to ensure ethical inclusion and project awareness.
More about Southern Palladium Ltd.
Southern Palladium Ltd. operates in the mining industry, focusing on platinum group metals (PGM) projects. The company holds a significant stake in the Bengwenyama PGM project located in the Bushveld Complex, a major source of PGMs globally. Southern Palladium is listed on both the Australian Securities Exchange and the Johannesburg Stock Exchange.
YTD Price Performance: -33.33%
Average Trading Volume: 21,762
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$36.38M
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