North American Palladium (PALDF) Earns Outperform Rating from Analysts at BMO Capital Markets

Equities researchers at BMO Capital Markets initiated coverage on shares of North American Palladium (OTCMKTS:PALDF) in a research report issued to clients and investors on Thursday, The Fly reports. The firm set an “outperform” rating on the basic materials company’s stock.

Separately, ValuEngine cut shares of North American Palladium from a “buy” rating to a “hold” rating in a research report on Monday, April 29th.

OTCMKTS PALDF opened at $8.77 on Thursday. The firm has a market capitalization of $491.32 million, a price-to-earnings ratio of 6.09 and a beta of 1.95. North American Palladium has a 1 year low of $6.62 and a 1 year high of $19.91. The company has a current ratio of 1.64, a quick ratio of 1.28 and a debt-to-equity ratio of 0.01.

North American Palladium (OTCMKTS:PALDF) last posted its quarterly earnings results on Thursday, February 14th. The basic materials company reported $0.49 earnings per share (EPS) for the quarter. The company had revenue of $92.70 million for the quarter. North American Palladium had a return on equity of 21.02% and a net margin of 33.05%.

North American Palladium Company Profile

North American Palladium Ltd. produces precious metals in Canada. It explores for palladium, platinum, gold, nickel, copper, and other metals. It primarily holds interest in the Lac des Iles mine that is located to the northwest of Thunder Bay, Ontario. The company was founded in 1968 and is headquartered in Toronto, Canada.

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