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North American Palladium Ltd (New) PALDF

North American Palladium Ltd is a precious metal mining company. The company operates the Lac des Iles palladium mine located in Ontario, Canada, which is one of only two primary producers of palladium in the world. The group believes there is exploration upside near this location, and the limited number of primary palladium production areas also offers investors exposure to palladium prices. The company generates the majority of its revenue from metal sales, including gold, nickel, copper, pall


OTCPK:PALDF - Post by User

Post by xyellowkniferon May 16, 2019 6:03pm
241 Views
Post# 29753332

Odd stock action

Odd stock actionI could certainly use some help here – what am I missing? The trailing EPS indicates a P/E of 4.8 – the company has no long-term debt other than leases; it has extended the life of the mine and will be increasing production. A P/E of 10 would indicate a $24.70 share price. Kirkland Lake Gold had a P/E of 21. I can’t help but think there is some short term manipulation happening – any thoughts?

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