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Southern Palladium Ltd. ( (AU:SPD) ) just unveiled an announcement.
Southern Palladium has retracted updated forecast financial information it presented on 15 January 2026 for the Bengwenyama Project, after the ASX advised that the projections were based on materially different commodity price assumptions than those used in the company’s Optimised Prefeasibility Study and were not supported by an updated pre-feasibility study in line with listing rules. The company has removed several comparative resource and valuation graphs and tables from the investor presentation, confirmed that the Optimised Prefeasibility Study released in July 2025 remains current and unchanged, warned investors not to rely on the withdrawn forecasts, and signalled that it is working towards a Definitive Feasibility Study targeted for release in the third quarter of 2026.
The most recent analyst rating on (AU:SPD) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Southern Palladium Ltd. stock, see the AU:SPD Stock Forecast page.
More about Southern Palladium Ltd.
Southern Palladium Limited is an exploration and development company listed on the ASX and JSE, focused on advancing its Bengwenyama platinum group metals (PGM) project in South Africa. The company operates in the PGM mining sector, targeting growth through staged development of its key asset based on prefeasibility and forthcoming definitive feasibility studies.
Average Trading Volume: 243,939
Technical Sentiment Signal: Buy
Current Market Cap: A$282.9M
For an in-depth examination of SPD stock, go to TipRanks’ Overview page.