NORTH AMERICAN PALLADIUM LTD is an AMEX listed security that has been trading in a range between $6.17 and $12.36 over the past year. With 53,595,400 shares outstanding, a recent price of $9.68 gives a total market capitalization of $521,483,217. While there are certainly larger companies, NORTH AMERICAN PALLADIUM LTD has definitely earned its place in the pack. Last year, NORTH AMERICAN PALLADIUM LTD created $-0.44 in earnings for every share outstanding.
NORTH AMERICAN PALLADIUM LTD is currently priced by the market at 0.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share below $1 a share, NORTH AMERICAN PALLADIUM LTD is unlikely to be an interesting value proposition.
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