North American Palladium’s Third Quarter Financial, Operational Results

Precious Metals

North American Palladium Ltd. (TSX:PDL,NYSE:PAL) announced financial and operational results for the third quarter ended September 30, 2012.

North American Palladium Ltd. (TSX:PDL,NYSE:PAL) announced financial and operational results for the third quarter ended September 30, 2012.

As quoted in the press release:

Revenue for the third quarter was $36.2 million, compared to $38.3 million in the third quarter the prior year. The decrease is primarily due to a lower realized palladium price and no gold production from the Sleeping Giant mine. During the quarter, the Company realized a palladium selling price of US$632 per ounce, as compared to US$742 per ounce in the third quarter last year.

Click here to read the North American Palladium Ltd. (TSX:PDL) press release.  

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