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01.07.2020 PALLADIUM Daily Analysis
North American Palladium (OTCPK:PALDF): Q3 EPS of C$0.19 Revenue of C$70.7M (+45.8% Y/Y) While gold (NYSE:GLD) and silver (NYSE:SLV) have
Yazar: editor_1
Yayınlanma: 1 Temmuz 2020 20:43
Güncellenme: 11 Kasım 2024 15:29
01.07.2020 PALLADIUM Daily Analysis
North American Palladium (OTCPK:PALDF): Q3 EPS of C$0.19 Revenue of C$70.7M (+45.8% Y/Y) While gold (NYSE:GLD) and silver (NYSE:SLV) have been busy consolidating since September after multi-month moves higher following the early summer rate-cut, palladium (NYSE:PALL) has been in a world of its own. The metal is up 42% for the year and nearly 32% since its June lows. While bullish sentiment had remained relatively subdued during this Q3 rally, we’ve now seen the public jump on this move, and the trade begins to get crowded. Palladium sentiment finished yesterday at 88% bulls, and this was the highest reading in the past 18 months for the commodity.
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