Why this stock will continue to riseGreat quote from todays news by the Ceo:
Palladium is notably in a multi-year deficit and at all-time record prices of over US$2,100 per ounce. Demand has increased due to stricter auto emission standards and the conversion away from diesel powered vehicles. With approximately 90% of palladium mine supply resulting as a by-product of other mined commodities, existing producers are constrained to increase supply without impacting their overall operation. As a result, new sources of palladium supply are needed to meet demand and help achieve stricter air quality standards." commented Derrick Weyrauch, President and CEO.
Palladium Spot Price | Spot Change |
Palladium Price per Ounce | $2,160.60 | 16.70 | 0.77% |