Southern Palladium Ltd. (SPD) AI Stock Analysis

• Market Cap: AU$63.66M
• Dividend Yield: N/A
• Average Volume (3M): 77.49K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.10
• Revenue Growth: N/A
• EPS Growth: -11.52%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Other Precious Metals
• EPS (TTM): -0.08
• Shares Outstanding: 90,950,000
• 10 Day Avg. Volume: 94,691
• 30 Day Avg. Volume: 77,492
• PEG Ratio: 0.08
• Price to Book (P/B): 1.02
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -30.04K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: ―

Southern Palladium Ltd. has a low overall score due to significant financial challenges, including no revenue generation and negative net income. While the company maintains a solid equity base with no debt, technical indicators suggest a bearish trend and valuation metrics reflect ongoing financial difficulties. The absence of earnings call data and corporate events further limits insight into future prospects.

Southern Palladium Ltd. Business Overview & Revenue Model

Company Description

Southern Palladium Limited engages in the exploration and development of platinum group metals. It holds a 100% interest in the Bengwenyama Palladium/rhodium project located on the Eastern Limb of the Bushveld, South Africa. The company was incorporated in 2020 and is based in Sydney, Australia.

How the Company Makes Money

Southern Palladium Ltd. generates revenue primarily through the exploration and potential extraction of palladium resources. The company invests in the identification and development of palladium-rich mining sites, aiming to bring these sites into production. Once operational, revenue is earned through the sale of extracted palladium on the global commodities market. Key revenue streams include the sale of palladium to industrial manufacturers and other buyers who utilize the metal for its catalytic and electronic properties. Additionally, Southern Palladium Ltd. may engage in partnerships or joint ventures with other mining companies to share the costs and profits associated with exploration and extraction activities.

Southern Palladium Ltd. Financial Statement Overview

Summary

Southern Palladium Ltd. faces significant financial challenges with no revenue generation and negative net income. While it has a strong equity base and no debt, the company's cash flow position and sustainability remain uncertain without operating income.

Income Statement

Southern Palladium Ltd. has not generated revenue over the reported periods, leading to negative EBIT and net income figures. The absence of revenue growth and profitability indicates a challenging financial position.

Balance Sheet

The company maintains a solid equity position with zero debt, reflected in a strong equity ratio. However, the lack of revenues and consistent net losses may hinder future financial flexibility.

Cash Flow

The cash flow data is incomplete, with no operating or free cash flow provided. The company's reliance on financing activities in past periods suggests potential liquidity concerns.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00
	EBIT
―	-1.35M	―	-2.48M	-258.34K
	EBITDA
0.00	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
―	-6.73M	-7.18M	-2.50M	-258.34K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.65M	5.43M	11.55M	17.87M	1.36M
	Total Assets
23.34M	25.11M	31.29M	40.69M	1.39M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-3.65M	-5.43M	-11.55M	-17.87M	-1.36M
	Total Liabilities
103.23K	137.81K	99.29K	410.33K	87.24K
	Stockholders Equity
23.24M	24.97M	31.19M	40.28M	1.30M
Cash Flow		Free Cash Flow
―	―	―	―	―
	Operating Cash Flow
―	―	―	―	―
	Investing Cash Flow
―	-5.22M	-5.26M	-889.00	0.00
	Financing Cash Flow
0.00	0.00	0.00	17.86M	1.56M

Southern Palladium Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SPD, the sentiment is Positive. The current price of 0.6 is above the 20-day moving average (MA) of 0.42, above the 50-day MA of 0.33, and above the 200-day MA of 0.47, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 87.15 is Negative, neither overbought nor oversold. The STOCH value of 87.29 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SPD.

Southern Palladium Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PGM	66 Neutral	AU$14.33M	4.15	20.47%	―	―	-60.15%
HMX	60 Neutral	$28.41M	6.36	15.74%	―	―	―
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	3.98%	2.91%	-30.50%
ARL	48 Neutral	AU$83.11M	―	-15.37%	―	―	-34.41%
SPD	42 Neutral	AU$63.66M	―	-28.76%	―	―	-11.52%
SFX	37 Underperform	AU$65.14M	―	-36.70%	―	―	-320.07%

Southern Palladium Ltd. Corporate Events

Southern Palladium Advances Bengwenyama PGM Project with Strategic Developments

Southern Palladium Ltd has completed a Prefeasibility Study for its Bengwenyama PGM project, positioning it in the lowest quartile of the PGM cost curve with a post-tax NPV of US$1.06 billion and a 28% IRR. The company is advancing its project development activities, including a Definitive Feasibility Study and additional permit applications, while awaiting approval for its Mining Right Application expected in Q2 2025. The strategic location and potential project enhancements aim to accelerate production and unlock significant near-term value, with ongoing discussions with funding partners.

SG Hiscock & Company Limited Ceases Substantial Holding in Southern Palladium Ltd.

Southern Palladium Ltd. has announced that SG Hiscock & Company Limited has ceased to be a substantial holder in the company as of April 28, 2025. This change in substantial holding may impact Southern Palladium’s shareholder dynamics and could influence future voting outcomes, potentially affecting the company’s strategic decisions.

Southern Palladium Advances Bengwenyama PGM Project at Industry Day

Southern Palladium Limited presented at the PGM Industry Day in Johannesburg, highlighting their progress on the Bengwenyama PGM project. This presentation underscores the company’s commitment to advancing this significant project, which could enhance its position in the PGM market and potentially impact stakeholders positively.

Southern Palladium Reports Revenue Growth Amidst Project Advancements

Southern Palladium Ltd. has released its interim financial report for the period ending December 31, 2024, showing a 23% increase in revenue to A$535,637, despite a rise in operating loss to A$3,761,503. The company’s key focus has been on advancing the Bengwenyama PGM project, which has been confirmed as commercially viable with a post-tax NPV of US$1.06 billion and a payback period of 3.5 years. The company emphasizes community engagement, working closely with local representatives to ensure ethical inclusion and project awareness.