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Southern Palladium Initiates Trading Halt for Capital Raising

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Southern Palladium Initiates Trading Halt for Capital Raising

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An update from Southern Palladium Ltd. ( (AU:SPD) ) is now available.

Southern Palladium Limited has requested a trading halt on the Australian Securities Exchange and Johannesburg Stock Exchange as it prepares to undertake a capital raising through a share placement. The halt is intended to facilitate an orderly process for the placement, with trading expected to resume by 12 June 2025 or upon the announcement of the placement’s outcome.

More about Southern Palladium Ltd.

Southern Palladium Limited operates in the mining industry, focusing on the exploration and development of platinum group metals, particularly palladium, in South Africa and Australia.

Average Trading Volume: 51,355

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$45.47M

See more data about SPD stock on TipRanks’ Stock Analysis page.

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