North American Palladium Receives “Underperform” Rating from RBC Capital (PDL)
North American Palladium (TSE:PDL)‘s stock had its “underperform” rating reaffirmed by equities research analysts at RBC Capital in a research note issued to investors on Tuesday, Analyst Ratings Net reports.
North American Palladium (TSE:PDL) traded down 5.21% on Tuesday, hitting $0.91. 1,095,775 shares of the company’s stock traded hands. North American Palladium has a 1-year low of $0.395 and a 1-year high of $1.97. The stock has a 50-day moving average of $0.55 and a 200-day moving average of $0.92. The company’s market cap is $179.4 million.
A number of other analysts have also recently weighed in on PDL. Analysts at CIBC cut their price target on shares of North American Palladium from C$0.60 to C$0.40 in a research note to investors on Friday, November 29th. Finally, analysts at Scotiabank cut their price target on shares of North American Palladium from C$1.35 to C$0.80 in a research note to investors on Friday, November 15th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of C$1.15.
North American Palladium Ltd. (TSE:PDL) is a precious metals producer that has been operating its flagship Lac des Iles mine (LDI) located in Ontario, Canada.
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