PAL North American Palladium Ltd featured news, full reports, and detailed charts
North American Palladium Ltd (PAL) Wrap Up:
North American Palladium, Ltd. engages in exploring and mining platinum group metals, and base and precious metals primarily in Canada. It produces and sells palladium, platinum, nickel, gold, and copper metals. The company primarily owns and operates the Lac des Iles mine located in the Thunder Bay District in Ontario. North American Palladium, Ltd. also holds interests in various base metal exploration projects located in Canada, as well as in the Arctic Platinum PGM-nickel copper exploration project located approximately 60 kilometers south of the city of Rovaniemi, Finland. It also owns interest in the Shebandowan project located approximately 100 kilometers southwest of the Lac des Iles...www.napalladium.com
Founded in 1968
North American Palladium Ltd (PAL:AMEX)
LAST $2.90 USD
CHANGE TODAY -0.13 -4.29%
VOLUME 639.9K
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of North American Palladium Ltd (PAL)
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OPEN
$2.92
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PREVIOUS CLOSE
$3.03
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DAY HIGH
$2.99
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DAY LOW
$2.90
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52 WEEK HIGH
08/3/09 - $3.68
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52 WEEK LOW
11/20/08 - $0.90
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MARKET CAP
366.8M
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AVERAGE VOLUME 3 mo
1.4M
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DILUTED EPS TTM
$-1.24
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SHARES OUTSTANDING
126.5M
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PAL Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
PAL Top Compensated Officers
Mr. William J. Biggar B.Comm., M.B.A., C.A.
Chief Executive Officer, President and Direct...
Age: 55
Total Annual Compensation: C$125.0K
Mr. David J. Passfield
Vice President of Operations
Total Annual Compensation: C$225.0K
Mr. Trent C.A. Mell BCL, LL.B, LL.M
Vice President of Corporate Development, Secr...
Total Annual Compensation: C$210.8K
Mr. Michael C. Thompson FCCA
Senior Controller and Manager of Administrati...
Total Annual Compensation: C$227.7K
Dr. William E. Stone Ph.D
Vice President of Exploration
Total Annual Compensation: C$189.3K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for North American Palladium Ltd (PAL)
North American Palladium Ltd. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on November 13, 2009).
11/13/2009
North American Palladium Ltd. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on November 13, 2009).
North American Palladium Ltd. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009
11/13/2009
North American Palladium Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. Net loss and comprehensive loss for the quarter ended September 30, 2009 was CAD 6.2 million or CAD 0.06 per basic and diluted share compared to net loss and comprehensive loss of CAD 71.2 million or CAD 0.85 per basic and diluted share in the third quarter last year. Cash used in operations for the quarter ended September 30, 2009 was CAD 9.0 million, a decline of CAD 16.5 million, compared to cash provided by operations of CAD 7.5 million in the third quarter last year. Revenue after pricing adjustments was CAD 1,000 against negative revenue after pricing adjustments of CAD 8.8 million for the same period a year ago. Loss before taxes was CAD 6.2 million against CAD 73.9 million for the same period a year ago. The company announced additions to mining interests of CAD 5.6 million against CAD 11.6 million for the same period a year ago. For the nine months, net loss and comprehensive loss was CAD 15.6 million or CAD 0.17 per basic and diluted share compared to net loss and comprehensive loss of CAD 48.3 million or CAD 0.59 per basic and diluted share in same period a year ago. Revenue after pricing adjustments was CAD 3,817,000 against CAD 114,149,000 for the same period a year ago. Loss before taxes was CAD 15.6 million against CAD 49.9 million for the same period a year ago. Cash provided by operations was CAD 16.9 million compared to CAD 23.4 million in the same period last year. The company announced additions to mining interests of CAD 7.8 million against CAD 36.1 million for the same period a year ago.
North American Palladium Mulls Acquisitions
11/12/2009
North American Palladium Ltd. announced financial results for the third quarter ended September 30, 2009 with net loss of $6.2 million. The company completed an equity offering of 16.0 million units at a price of $3.15 per unit for gross proceeds of $50.4 million on September 30, 2009. The company plans to look at acquisition opportunities. The company stated: “Management expects there will be many other attractive strategic opportunities to consider in the current environment. The Company will use its strong balance sheet to pursue gold acquisition and joint venture opportunities aggressively, but with discipline to ensure it pursues only those transactions that can deliver enhanced and sustainable shareholder value.”
PAL Competitors
| Company | Last | Change |
| Lonmin | 1,693 GBX | +8.00 |
| Stillwater Mining Co | $8.85 USD | -0.20 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | PAL | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 7.0x |
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| Price/Book | 2.5x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 8.2x |
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PAL |
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PAL transactions
| Type Date |
Target |
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Merger/Acquisition
November 5, 2009 |
Diagnos Inc., Harricana North Property |
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Private Placement
September 22, 2009 |
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Private Placement
August 17, 2009 |
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More Recent News About North American Palladium Ltd
More news for PAL
NORTH AMERICAN PALLADIUM LTD Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
Dollar Dominating Precious Metals Stocks
The dollar's rally continued on Wednesday, and one expert said the trend could continue. Associated Press said simply, "The dollar is dominating energy prices right now." In the equity markets, precious metals stocks are feeling the pain even worse, and some think the dollar's rally could continue.Bloomberg the trend could continue. "Whenever you have everybody on the same side of the boat, you know what you have to do," Rogers explained, referring to the overwhelmingly pessimistic outlook for the currency. He continued to note that the dollar's rally, and subsequent decline in commodities may go on for "a while."Over the last week, the PowerShares DB US Dollar Index Bullish (NYSE: UUP - News) ETF is the only winner in the Currency ETFs Index. While its 1.5% gain for the period may not seem too impressive, a look at the Index's performance chart shows that movements among these ETFs tend to be less significant than those of the broad equity market.Perhaps a better equity indicator of the dollar's strength the drastic reversal of the ...Click here to read the whole Article (external link)
NAP Acquires Harricana North Property from Diagnos Inc.
TORONTO, ONTARIO--(Marketwire - 11/05/09) - North American Palladium Ltd. ("NAP" or the "Company") (TSX:PDL - News)(AMEX:PAL - News) has signed an agreement with Diagnos Inc. ("Diagnos") to acquire the Harricana North Property located in Quebec's Abitibi region north-north-west of its wholly-owned Sleeping Giant mine and mill. The Harricana North Property, which offers excellent potential for gold mineralization, consists of 133 non-contiguous claims and covers a surface area of approximately 7,490 hectares. NAP will acquire a 100% interest in the property in exchange for a payment of $20,000 upon closing, and granting Diagnos a 2% NSR over the acquired property. "When we acquired the Sleeping Giant gold mine earlier this year, one of our strategic objectives was to develop a regional presence that would leverage Sleeping Giant's milling facilities," said William J. Biggar, NAP's President and Chief Executive Officer. "This acquisition is consistent with that objective, and is part our ongoing vision to build our gold division to 250,000 ounces of annual production."With the newly acquired Harricana North Property, NAP's interests in the Abitibi now total 1182 claims, which cover 48,699 hectares and span 70 kilo...Click here to read the whole Article (external link)
NAP to Host Third Quarter Results Conference Call
TORONTO, ONTARIO--(Marketwire - 11/03/09) - North American Palladium Ltd. ("NAP" or the "Company") (TSX:PDL - News)(AMEX:PAL - News) will host a conference call with its management team, including William J. Biggar, President and Chief Executive Officer, and Jeffrey A. Swinoga, Vice President, Finance and Chief Financial Officer, to discuss the Company's third quarter results on Friday, November 13, 2009. The details are as follows: � Date: Friday, November 13, 2009 Time: 2:00 p.m. (Eastern Time) Webcast: www.nap.com Dial in: 416-340-8018 or 866-223-7781 Replay: 416-695-5800 or 800-408-3053 Replay Passcode: 8407776 NAP plans to issue its third quarter results news release on Thursday, November 12, 2009 after market close, and post it on the Company's website. The conference call replay will be available until midnight (Eastern Time) on December 4, 2009. An archived audio webcast of the call also will be posted to NAP's website.NAP hosts Analyst S...Click here to read the whole Article (external link)
Q3 2009 North American Palladium Earnings Release - After Market Close
Earnings Announcements for Thursday, November 12CompanySymbolTimeConferenceCall3i Group plcIII.LBefore Market Open3SBIO INCSSRXAfter Market CloseListenA.D.A.M., Inc.ADAMTime Not SuppliedListenA2A SpAA2A.MITime Not SuppliedAcciona, S.A.ACXIF.PKBefore Market OpenACSM S P AACS.MITime Not SuppliedADDUS HOMECARE CORPADUSBefore Market OpenListenAdvanSource Biomaterials CorporationASBTime Not SuppliedADVANTAGE OIL & GAS LTDAAVAfter Market CloseAECOMACMBefore Market OpenListenAEFFE SPAAEF.MITime Not SuppliedAEGON N.V.AEGOF.PK01:30 am ETAFC Enterprises, Inc.AFCEAfter Market CloseListenAG GROWTH INTL INCAFN.TOBefore Market OpenAir Transport Services Group, Inc.ATSGTime Not SuppliedListenAldila, Inc.ALDAAfter Market CloseALEO SOLAR AG...Click here to read the whole Article (external link)
NAP Continues to Achieve Excellent Drill Results, Expands Size of Four Targets
TORONTO, ONTARIO--(Marketwire - 11/11/09) - North American Palladium's ("NAP" or the "Company") (TSX:PDL - News)(AMEX:PAL - News) ongoing major exploration program at its 100% owned Lac des Iles ("LDI") mine near Thunder Bay, Ontario continues to yield excellent drill results and expand the size of four targets on the property. � -- Offset Zone: underground drill assay grades and intersections exceed those of the Roby Zone -- Cowboy Zone: underground drill assay results have higher grades than previously released results -- West Pit: assay results from surface drilling continue to provide encouragement for exploration and consideration of open pit scenarios -- North Pit-NVT Rim: assay results from surface drilling and trenching provide encouragement to continue exploration along the north contact of the favourable Mine Block Intrusion "The underground and surface drill results since our September 17, 2009 news release continue to highlight the significant exploration potential remaining at the LDI mine property," said William J. Biggar, NAP's President and Chief Executive Officer. "High potential exists to increase the size and grade of the Offset Zone, as well as extend t...Click here to read the whole Article (external link)
NAP Announces Third Quarter Results
TORONTO, ONTARIO--(Marketwire - 11/12/09) - North American Palladium Ltd. ("NAP" or the "Company") (TSX:PDL - News)(AMEX:PAL - News) today announced financial results for the third quarter ended September 30, 2009. "We achieved several significant milestones during the third quarter," said William J. Biggar, NAP's President and Chief Executive Officer. "We strengthened our balance sheet by raising over $70 million in equity, which will underpin our growth objectives. We also had further exploration success at Lac des Iles, and continue to be on schedule for reaching full commercial production at our Sleeping Giant gold mine in early 2010."Third Quarter Highlights- Completed an equity offering of 16.0 million units at a price of $3.15 per unit for gross proceeds of $50.4 million on September 30, 2009. Subsequent to quarter end, the underwriters' over-allotment option was exercised and a private placement of 4,000,000 flow-through common shares was completed on October 8, 2009, providing additional gross proceeds of $7.6 million and $15.0 million respectively. Total gross proceeds raised were $73.0 million.- NAP poured its first gold at its Sleeping Giant mine shortly after quarter end on October 6, ...Click here to read the whole Article (external link)
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