tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Southern Palladium Initiates Trading Halt for Capital Raising

Story Highlights
Southern Palladium Initiates Trading Halt for Capital Raising

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Southern Palladium Ltd. ( (AU:SPD) ) has provided an announcement.

Southern Palladium Limited has requested a trading halt on its securities on the ASX and JSE pending an announcement regarding a capital raising initiative. This move is aimed at facilitating an orderly share placement and share purchase plan, which could potentially impact the company’s financial strategy and market positioning.

More about Southern Palladium Ltd.

Southern Palladium Limited operates in the mining industry, focusing on the extraction and production of palladium and related minerals. The company is listed on both the Australian Securities Exchange (ASX) and the Johannesburg Stock Exchange (JSE), indicating a market focus that spans multiple regions.

Average Trading Volume: 109,451

Technical Sentiment Signal: Buy

Current Market Cap: A$146M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1