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The latest update is out from Southern Palladium Ltd. ( (AU:SPD) ).
Southern Palladium Ltd. has successfully completed the allotment of 16,000,000 ordinary shares at A$0.50 each, raising A$8 million. This capital will accelerate the Definitive Feasibility Study (DFS) and near-term mine development at the Bengwenyama PGM project, enhancing the company’s operational capabilities and positioning in the mining sector.
More about Southern Palladium Ltd.
Southern Palladium Ltd. operates in the mining industry, focusing on platinum group metals (PGM) projects. The company is involved in the development and exploration of mining projects, with a significant market focus on the Bengwenyama PGM project.
Average Trading Volume: 65,748
Technical Sentiment Signal: Buy
Current Market Cap: A$56.84M
See more insights into SPD stock on TipRanks’ Stock Analysis page.