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 186th most valuable stock on the JSE with a market capitalization of ZAR 2.75 billion, which makes about 0.011% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 20.01 |
| Day’s High Price | 22.02 |
| Traded Volume | 16,543 |
| Number of Deals | 7 |
| Gross Turnover | 331,728.74 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | -0.6233 |
| Price/Earning Ratio | -35.22 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 125M |
| Market Capitalization | 2.75B |
SDL Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -8.92% | -20.6% | +105% |
| 6MO | 1YR | YTD |
|---|---|---|
| +218% | +388% | +4.47% |
The current share price of Southern Palladium Ltd (SDL) is ZAR 21.95. SDL closed its last trading day (Monday, February 23, 2026) at 21.95 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 3.4% gain over its previous closing price of 21.22 ZAR. Southern Palladium began the year with a share price of 21.01 ZAR and has since gained 4.47% on that price valuation, ranking it 165th on the JSE in terms of year-to-date performance. Investors should, however, take caution of SDL’s recent poor performance, having lost 21% of its value in the past four weeks.
Southern Palladium is the 243rd most traded stock on the Johannesburg Stock Exchange over the past three months (Nov 21, 2025 - Feb 23, 2026). SDL has traded a total volume of 2.4 million shares—in 562 deals—valued at ZAR 51.1 million over the period, averaging a volume of 38,141 shares (valued at ZAR 810,408) per session. A volume high of 290,284 was achieved on February 12th 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% |
|---|---|---|---|---|
| 2026-02-23 | 16,543 | 21.95 | +0.73 | +3.44% |
| 2026-02-20 | 3,345 | 21.22 | -0.80 | -3.63% |
| 2026-02-18 | 1,492 | 22.02 | ||
| 2026-02-17 | 1,394 | 22.02 | -2.08 | -8.63% |
| 2026-02-16 | 539 | 24.10 | ||
| 2026-02-13 | 2,216 | 24.10 | -0.77 | -3.10% |
| 2026-02-12 | 290,284 | 24.87 | +0.77 | +3.20% |
| 2026-02-11 | 232,784 | 24.10 | +0.90 | +3.88% |
| 2026-02-10 | 120,997 | 23.20 | +0.20 | +0.87% |
| 2026-02-09 | 69,018 | 23.00 |
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 |
|---|---|---|---|---|
| IMP | Impala Platinum Hlgs Ltd | 276B | 304.69 | +16.3% |
| ACL | ArcelorMittal SA Limited | 1.64B | 1.44 | +13.4% |
| CPR | Copper 360 Ltd | 2.21B | 0.75 | +7.14% |
| APH | Alphamin Resources Corp | 20.3B | 15.85 | +7.09% |
| KIO | Kumba Iron Ore Ltd | 117B | 364.70 | +3.89% |
| ISB | Insimbi Industrial Holdings | 228M | 0.69 | -5.48% |
| HLM | Hulamin Ltd | 645M | 1.99 | -18.8% |
| EUZ | Europa Metals Limited | 29.6M | 0.29 | -67.8% |
| ORN | Orion Minerals Limited | 3.34B | 0.41 | +86.4% |
| PAN | Pan African Resource plc | 88.7B | 38.03 | +41.2% |
