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    market news

    North American Palladium Reports Second-Quarter Losses

    Investing News Network
    Aug. 09, 2012 12:11PM PST
    Precious Metals Investing

    Reuters reported North American Palladium Ltd (TSX:PDL,NYSE:PAL) reported a second-quarter loss citing lower palladium prices and no gold sales at its Sleeping Giant mine.

    Reuters reported North American Palladium Ltd (TSX:PDL,NYSE:PAL) reported a second-quarter loss citing lower palladium prices and no gold sales at its Sleeping Giant mine.

    As quoted in the market news:

    Net loss for the quarter was C$3.1 million, or 2 Canadian cents per share, compared with net earnings of C$5.4 million, or 3 Canadian cents per share, a year earlier.

    Revenue fell 21 percent to C$40.6 million.

    Click here to read the full Reuters report.

    market newstsx:pdlnorth american palladiumnyse:pal
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