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StockIceMan's Weekly Stock Pick
Week of July 9, 2007
 

Stock: North American Palladium Ltd.
Ticker Symbol: PAL - AMEX - Metals and Mining
Buy: 9.50 to 10.00
Sell: 15.00
Info: North American Palladium, Ltd. engages in the exploration and mining of platinum group metals, and base and precious metals in Canada. It produces primarily for palladium, platinum, gold, copper, and nickel metals. The company owns and operates the Lac des Iles Mine located approximately 85 kilometers northwest of the City of Thunder Bay, Ontario; the Haines-Conacher properties located approximately 80 kilometers southwest of Thunder Bay, Ontario. In addition, it has interest in Arctic Platinum project located in Finland. North American Palladium was founded in 1968. It was formerly known as Madeleine Mines, Ltd. and changed its name to North American Palladium, Ltd. in 1993. The company is based in Toronto, Canada
Financial Info: For the three months 3/31/2007, revenues totaled $63.2 million (Canadian) up from $28.8 million (Canadian). Net income totaled $5.5 million (Canadian) vs. a loss of $4.1million (Canadian)
Key Ratios: Current Ratio: 2.045, Total Debt: 66.5 million, Total Debt/Equity Ratio: 0.406, Trailing P/E: N/A, Forward P/E: N/A,  Price/Sales: 2.74,  Price/Book: 3.13
Share Info: There are 53.60 million shares outstanding with 26.87 million shares in the trading float. Institutions own approximately 7.29% of the shares outstanding. There have been no insider purchases or sales in the last six months. Real-Time SEC Filings

As of 6/12/2007, there were 1.84 million shares short.

Net Institutional Buying: 706,715 shares prior to latest quarter.
Articles: 7 Highly Rated Stocks on Sale

Chart of the Day- Speciality Metal Palladium

 
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