Latest insight/ technical data/ news on NAM
According to INK Research report dated today , Jan 24 there is no recent CEO /Officer/ Director filing activity since Summer 2021.
As reported by Thomson Reuters (Jan 23) states NAM last closed on Jan 21 at $0.11 and had a current score of 5 (Average/Neutral); last changed from 4 to 5, due to an improvement in price score on 2022-01-22.
One Analyst is recommending a buy rating; its Peer analysis scoring is 5 (Average)
Update: based on quantitative analysis.1 year return was -12.5%; but the 5 year return was 40%. (Yes NAM trailed a bit near 4 to 5 cents and was undervalued)
RISK score is also at 5 (Moderate Risk/ medium volatility)
MorningStar's report has a 3 Star (***) rating for NAM with a Fair value at $0.30 based at a last close of $0.11 Cdn as reported on Jan 20; data revealing NAM is under valued at a 63% discount.
Is it worthwhile to consider holding?
Technical data would suggest...yes! Palladium is up $42 dollars US today alone , now sitting at US$ 2082 an OZ. we have all heard EV's are coming - Go figure as the Car manufacturers admit that less than 2% of all new cars being sold worldwide today are electric...yes that may change as governments like Norway offer sweet huge REBATES but reality is that most cars manufactured over the the next 10 years will require catalytic converters - and possibly with even higher palladium content per muffler if the GREEN environmental pressure continues!
Lithium demand will escalate so NAM has both the front door & back doors open for both clientele and from a past financial perspective - Historical Data tells us that for that over the last 3 years NAM has hit its highest peaks between Jan to March of each of the past 3 years. (historical data cannot always dictate future performance - blah blah)
btw... i noted there is a webinar tomorrow at 10 AM on the Future of PGM's being sponsored by the CPM group - as noted on Kitco site: The future of PGMs online webinar:
With significant movement in Platinum, Palladium, and Rhodium prices this past year, Platinum Group Metals once again are taking center stage.
Join us on Tuesday 25 January 2022 at 10 AM, for our Future of PGMs Online Seminar to as we discuss the value of these metals, and to show why they are as important as ever.
Copy & paste to sign up if interested:
https://www.kitco.com/commentaries/2022-01-24/The-future-of-PGMs-online-webinar-Sign-up-now.html
Cheers to all the patient NAM shareholders!