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Southern Palladium Addresses ASX Price Query Amid Rising PGM Prices

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Southern Palladium Addresses ASX Price Query Amid Rising PGM Prices

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The latest update is out from Southern Palladium Ltd. ( (AU:SPD) ).

Southern Palladium Limited has responded to an ASX price query, stating it is unaware of any specific information that would explain recent trading activity in its securities. The company highlighted the positive impact of rising PGM commodity prices on its project valuation and investor sentiment. Southern Palladium is progressing with its Bengwenyama PGM project, having commenced detailed metallurgical and geotechnical drilling to support its Definitive Feasibility Study, expected in the first half of 2026. The company remains compliant with listing rules and continues to engage with investors through presentations and financial disclosures.

More about Southern Palladium Ltd.

Southern Palladium Limited operates in the mining industry, focusing on the exploration and development of Platinum Group Metals (PGM) projects. The company’s primary project is the Bengwenyama PGM project, which aims to capitalize on rising PGM commodity prices and increased investor interest in the sector.

Average Trading Volume: 72,673

Technical Sentiment Signal: Buy

Current Market Cap: A$98.39M

For an in-depth examination of SPD stock, go to TipRanks’ Overview page.

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