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‘Discount’ Valuation Adds Shine to North American Palladium
Oct. 24, 2011 02:34PM PST
Precious MetalsThe Globe and Mail reported the outlook for the palladium sector is not so grim despite slowing demand for the white metal from Asia’s auto industry.
The Globe and Mail reported the outlook for the palladium sector is not so grim despite slowing demand for the white metal from Asia’s auto industry.
As quoted in the market news,
The analyst has initiated coverage on North American Palladium Ltd., (PDL-T3.100.196.53%) which has a mine in Northern Ontario. The stock of this palladium miner is attractive based on its “deeply discounted valuation, organic production growth, exploration upside and low political risk,” he wrote.
Click here to read the full Globe and Mail report.
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