Southern Palladium Ltd. ( (AU:SPD) ) has shared an update.
Southern Palladium Ltd announced a significant milestone in its transition from exploration to mine development at the Bengwenyama PGM project, with the completion of a Pre-Feasibility Study (PFS) showcasing a post-tax valuation of over USD 1 billion. The project, strategically located in a major PGM-producing region, has a substantial mineral resource estimate of 40.25 Moz and is poised to deliver strong economic returns with a low-cost structure, positioning the company to advance its development strategy and funding discussions effectively.
More about Southern Palladium Ltd.
Southern Palladium Ltd is a dual-listed platinum group metal (PGM) company focused on developing the Bengwenyama PGM project in South Africa’s Bushveld Complex, which is particularly rich in palladium and rhodium.
YTD Price Performance: -12.50%
Average Trading Volume: 35,159
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$45.47M
For detailed information about SPD stock, go to TipRanks’ Stock Analysis page.