North American Palladium Receives Consensus Rating of “Hold” from Analysts (NYSE:PAL)
Shares of North American Palladium (NYSE:PAL) have been given an average rating of “Hold” by the eight brokerages that are covering the stock, Stock Ratings News reports. Four analysts have rated the stock with a sell rating and four have given a hold rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $1.13.
North American Palladium (NYSE:PAL) traded up 0.22% during mid-day trading on Tuesday, hitting $0.4049. The stock had a trading volume of 1,536,454 shares. North American Palladium has a 52 week low of $0.31 and a 52 week high of $1.70. The stock has a 50-day moving average of $0.44 and a 200-day moving average of $0.62. The company’s market cap is $99.1 million.
North American Palladium (NYSE:PAL) last issued its quarterly earnings data on Friday, February 21st. The company reported ($0.03) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.05) by $0.02. Analysts expect that North American Palladium will post $-0.11 EPS for the current fiscal year.
A number of research firms have recently commented on PAL. Analysts at CIBC upgraded shares of North American Palladium from an “underperform” rating to a “sector perform” rating in a research note on Tuesday. Separately, analysts at Macquarie downgraded shares of North American Palladium from a “neutral” rating to an “underperform” rating in a research note on Wednesday, January 29th. Finally, analysts at Raymond James downgraded shares of North American Palladium from a “market perform” rating to an “underperform” rating in a research note on Monday, January 13th.
North American Palladium Ltd. (NYSE:PAL) is a precious metals producer that has been operating its flagship Lac des Iles mine (LDI) located in Ontario, Canada.
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