SDL - Southern Palladium Ltd
Southern Palladium Limited (ASX:SPD, JSE:SDL) is a dual-listed PGM company developing the advanced Bengwenyama PGM project, particularly rich in palladium/rhodium, in South Africa. The project is located on the Eastern Limb of the Bushveld Complex, which contains more than 70% of the world’s known PGM Resources. With a 70% stake in the project, the Company’s focus is the delivery of an established 2Moz Ore Reserve at Bengwenyama through geophysical mapping, a two-phase diamond drill programme, technical studies, and obtaining a mining right.
Southern Palladium Ltd is listed on the Johannesburg Stock Exchange (JSE) since June 8th, 2022. Southern Palladium is traded on the JSE under the ticker symbol “SDL”. The International Securities Identification Number (ISIN) of JSE:SDL is AU0000220808. Southern Palladium Ltd is currently the 300th most valuable stock on the JSE with a market capitalization of ZAR 405 million, which makes about 0.0021% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.1327 |
| Price/Earning Ratio | 3.98 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 89.8M |
| Market Capitalization | 405M |
SDL Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -9.62% | +20.3% |
| 6MO | 1YR | YTD |
|---|---|---|
| -24.7% | -24.6% | -21.4% |
The current share price of Southern Palladium Ltd (SDL) is ZAR 4.51. SDL closed its last trading day (Wednesday, September 4, 2024) at 4.51 ZAR per share on the Johannesburg Stock Exchange (JSE), recording an 8% drop from its previous closing price of 4.90 ZAR. Southern Palladium began the year with a share price of 5.74 ZAR but has since lost 21.4% off that price valuation, ranking it 363rd on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that SDL has lost 10% of the stock’s value from August 19th to date.
Southern Palladium is the 353rd most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 19 - Sep 16, 2024). SDL has traded a total volume of 42,752 shares—in 28 deals—valued at ZAR 209,191 over the period, with an average of 679 traded shares per session. A volume high of 8,905 was achieved on September 4th for the same period. The table below details the last 10 trading days of activity of Southern Palladium on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-09-04 | 8,905 | 4.51 | -0.39 | -7.96% |
| 2024-08-30 | 4,126 | 4.90 | ||
| 2024-08-29 | 1,000 | 4.90 | -0.09 | -1.80% |
| 2024-08-16 | 2,000 | 4.99 | -0.01 | -0.20% |
| 2024-08-13 | 349 | 5.00 | -0.49 | -8.93% |
| 2024-07-23 | 270 | 5.49 | ||
| 2024-07-17 | 500 | 5.49 | ||
| 2024-07-16 | 63 | 5.49 | +0.12 | +2.23% |
| 2024-07-15 | 7,150 | 5.37 | +0.02 | +0.37% |
| 2024-07-12 | 6,398 | 5.35 |
Profile of Southern Palladium Limited
Southern Palladium Limited operates in the Basic Materials sector, specifically, the Industrial Metals industry.
Factsheet of Southern Palladium Limited
- Sector
- Basic Materials
- Industry
- Industrial Metals
- Address
- —
- Telephone
- +27-82-557-6088
SDL Industrial Market Competitors
Southern Palladium Limited, issuers of the SDL stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Basic Materials sector and/or Industrial Metals industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| HLM | Hulamin Ltd | 1.25B | 3.86 | +33.1% |
| APH | Alphamin Resources Corp | 17.5B | 13.70 | +12.3% |
| IMP | Impala Platinum Hlgs Ltd | 82.3B | 91.02 | -0.27% |
| EUZ | Europa Metals Limited | 48.8M | 0.50 | -16.7% |
| CPR | Copper 360 Ltd | 2.28B | 3.26 | -18.3% |
| ACL | ArcelorMittal SA Limited | 1.42B | 1.25 | -23.8% |
| ISB | Insimbi Industrial Holdings | 242M | 0.73 | -29.1% |
| KIO | Kumba Iron Ore Ltd | 113B | 349.86 | -43.1% |
| KP2 | Kore Potash plc | 2.31B | 0.53 | +231% |
| EPS | Eastern Platinum Limited | 388M | 1.92 | +220% |