North American Palladium Shares Oversold

Dec. 14, 2011 02:15PM PST

Forbes reported shares of North American Palladium (AMEX:PAL) were oversold on Wednesday going for as little as $2.52 a share.

As quoted in the market news:

In the case of North American Palladium Ltd., the RSI reading has hit 29.2 — by comparison, the universe of metals and mining stocks covered by Metals Channel currently has an average RSI of 37.6, the RSI of Spot Gold is at 26.5, and the RSI of Spot Silver is presently 29.3.

Click here to read the full Forbes report.