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Southern Palladium Ltd. (SPD) AI Stock Analysis
Southern Palladium Ltd.
(ASX:SPD)
The overall score reflects Southern Palladium's highly speculative, pre-revenue status. The heaviest drags on the score come from persistent cash burn, negative earnings, and a pronounced bearish trend in technical momentum. The company's primary strength is its zero-debt balance sheet, providing a stable runway for ongoing exploration without leverage risks.
Southern Palladium Ltd. (SPD) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 162.65M
- Dividend Yield
- ―
- Average Volume (3M)
- 129.73K
- Price to Earnings (P/E)
- -17.0
- Beta (1Y)
- 1.49
- Revenue Growth
- ―
- EPS Growth
- -67.62%
- Country
- Australia
- Employees
- 5
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Southern Palladium Ltd. Business Overview & Revenue Model
Company Description
Focusing on the discovery and advancement of platinum group metals, Southern Palladium Limited's main holding is the Bengwenyama Palladium/rhodium project. This venture, entirely owned by the company, is situated on the Eastern Limb of the Bushveld i...
Southern Palladium Ltd. Financial Statement Overview
Summary
Southern Palladium is a pre-revenue exploration company with widening net losses and persistent cash burn. However, its pristine, zero-debt balance sheet and growing equity base provide essential financial flexibility during this capital-intensive phase.
Income Statement
10Very NegativeBalance Sheet
75PositiveCash Flow
20Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -11.73M | -11.73M | -2.34M | 0 | -5.19M | 0 |
| Net Income | -10.47M | -10.47M | -4.78M | -6.73M | -7.18M | -2.50M |
Balance Sheet | ||||||
| Total Assets | 43.91M | 43.91M | 29.73M | 25.11M | 31.29M | 40.69M |
| Cash, Cash Equivalents and Short-Term Investments | 23.88M | 23.88M | 9.92M | 5.43M | 11.55M | 17.87M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 241.32K | 241.32K | 698.75K | 137.81K | 99.29K | 410.33K |
| Stockholders Equity | 43.67M | 43.67M | 29.04M | 24.97M | 31.19M | 40.28M |
Cash Flow | ||||||
| Free Cash Flow | -1.99M | -1.99M | -1.16M | -894 | -1,060 | -1,358 |
| Operating Cash Flow | -1.99M | -1.99M | -1.16M | -894 | -1,060 | -1,358 |
| Investing Cash Flow | -13.47M | -13.47M | -2.35M | -5.22M | -5.26M | -889 |
| Financing Cash Flow | 24.42M | 24.42M | 8.00M | 0 | 0 | 17.86M |
Southern Palladium Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SPD, the sentiment is Negative. The current price of 1.50 is below the 20-day moving average (MA) of 1.61, below the 50-day MA of 1.80, and below the 200-day MA of 1.68, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 43.13 is Neutral, neither overbought nor oversold. The STOCH value of 59.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SPD.
Southern Palladium Ltd. Peers Comparison
Overall Rating
AU:ZIM72Outperform
AU:A1M65Neutral
AU:AZY44Neutral- AU:SPD43Neutral
AU:MM837Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:ZIM | 72Outperform | AUD 1.36B | 3.55 | 13.60% | ― | 49.50% | 542.61% |
| AU:A1M | 65Neutral | AUD 547.65M | 12.36 | 12.48% | ― | 29.37% | 102.31% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:AZY | 44Neutral | AUD 314.50M | -51.36 | -4.32% | ― | ― | 5.15% |
| AU:SPD | 43Neutral | AUD 201.80M | -16.99 | -24.03% | ― | ― | -67.62% |
| AU:MM8 | 37Underperform | AUD 362.02M | -16.31 | -21.51% | ― | ― | -62.33% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:SPD | Southern Palladium Ltd. | 1.50 | 0.45 | 42.38% | |
| AU:BOC | Bougainville Copper Limited | 0.15 | -1.00 | -86.64% | |
| AU:A1M | AIC Mines Limited | 0.66 | 0.18 | 36.46% | |
| AU:ZIM | Zimplats Holdings Limited | 12.87 | -5.97 | -31.69% | |
| AU:AZY | Antipa Minerals Limited | 0.46 | -0.11 | -18.75% | |
| AU:MM8 | Medallion Metals Ltd | 0.38 | -0.04 | -9.52% |
Southern Palladium Ltd. Corporate Events
Southern Palladium Files Appendix 4G, Confirms ASX Governance Compliance
Southern Palladium Limited has lodged its Appendix 4G with the ASX for the financial year ended 30 June 2026, confirming the location and currency of its corporate governance statement as at 28 October 2026. The filing indicates the board has approve...
Southern Palladium details governance and structure in 2026 annual report
Southern Palladium Limited has released its 2026 Annual Report, outlining its current corporate structure, governance framework, and listing status on both the ASX and JSE. The report highlights the composition of the board and company secretary, con...
Southern Palladium Sets 2026 AGM, Seeks Extra Equity Placement Capacity
Southern Palladium Limited has called its Annual General Meeting for Monday, 30 November 2026 at 4.00 pm AEDT, to be held as a physical-only event at Thomsons in Sydney, with no online participation offered to shareholders. The AGM will focus on rece...
Southern Palladium’s Bengwenyama PGM Project Gains Stronger Economics and Secures 30-Year Mining Right
Southern Palladium reported a materially stronger economic outlook for its Bengwenyama project following an Updated PFS released after the quarter, which lifted forecast post-tax NPV to US$1.961 billion, post-tax IRR to 39.1% and confirmed a 2.8-year...
Southern Palladium posts wider loss as Bengwenyama PGM project advances to definitive study
Southern Palladium has released its financial results for the year to 30 June 2026, reporting an operating loss of A$10.47 million, more than double the prior year’s A$4.78 million loss, with basic and headline loss per share rising 67.92% to A...
Southern Palladium Sets Date and Nomination Deadline for 2026 AGM
Southern Palladium Limited has scheduled its 2026 Annual General Meeting for 30 November 2026 at 4:00pm Sydney time, signalling the next key governance event for shareholders across its dual ASX and JSE listings. The company has set 30 September 2026...
Southern Palladium Reports Minor Share Disposal by Director Rob Thomson
Southern Palladium Limited has lodged an Appendix 3Y Change of Director’s Interest Notice regarding director Rob Thomson. The filing, made under ASX listing rule 3.19A.2, discloses a disposal of 6,840 fully paid ordinary shares from ThomsonR...
Southern Palladium seeks trading halt ahead of Bengwenyama mining right decision
Southern Palladium has requested an immediate trading halt on the ASX and will seek a corresponding halt on the Johannesburg Stock Exchange as it prepares to announce the granting of a Mining Right for its Bengwenyama PGM Project in South Africa. The...
Southern Palladium Addresses Director Trade Breach During Closed Period
Southern Palladium has disclosed a change in director Daan van Heerden’s interests following an off-market purchase of company shares from a family member during a closed trading period. The company said the transaction occurred without proper...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 24, 2026