Southern Palladium Ltd. AI Stock Analysis
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Southern Palladium Ltd. (SPD) AI Stock Analysis
Southern Palladium Ltd.
(ASX:SPD)
The score is held back primarily by weak financial performance (pre-revenue with widening losses and ongoing cash burn), partially offset by a low-risk capital structure (no reported debt) and supportive technicals (price above key moving averages). Valuation is also a headwind because negative earnings (negative P/E) and no stated dividend yield provide limited fundamental support.
Southern Palladium Ltd. (SPD) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 229.22M
- Dividend Yield
- ―
- Average Volume (3M)
- 123.09K
- Price to Earnings (P/E)
- -21.7
- Beta (1Y)
- 1.79
- 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
Financials reflect an early-stage, pre-revenue profile: revenue is 0 and losses widened materially in the latest year (net loss ~-10.5M in 2026 vs ~-4.8M in 2025) with negative operating cash flow and free cash flow. The key offset is balance-sheet strength with 0 reported debt and a meaningful equity base, reducing near-term solvency/refinancing risk despite ongoing burn.
Income Statement
12Very NegativeBalance Sheet
64PositiveCash Flow
28Negative| 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 Positive. The current price of 1.82 is above the 20-day moving average (MA) of 1.58, above the 50-day MA of 1.75, and above the 200-day MA of 1.65, indicating a bullish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 61.07 is Neutral, neither overbought nor oversold. The STOCH value of 81.14 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
Overall Rating
AU:ZIM74Outperform
AU:A1M58Neutral- AU:SPD52Neutral
AU:AZY44Neutral
AU:MM842Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:ZIM | 74Outperform | AUD 1.55B | 3.67 | 13.60% | ― | 49.50% | 542.61% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:A1M | 58Neutral | AUD 551.64M | 13.93 | 12.48% | ― | 29.37% | 102.31% |
| AU:SPD | 52Neutral | AUD 232.24M | -21.70 | -24.03% | ― | ― | -67.62% |
| AU:AZY | 44Neutral | AUD 321.19M | -53.26 | -4.32% | ― | ― | 5.15% |
| AU:MM8 | 42Neutral | AUD 417.72M | -18.22 | -21.51% | ― | ― | -62.33% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:SPD | Southern Palladium Ltd. | 1.82 | 0.61 | 50.41% | |
| AU:BOC | Bougainville Copper Limited | 0.17 | -0.94 | -85.07% | |
| AU:A1M | AIC Mines Limited | 0.73 | 0.24 | 48.98% | |
| AU:ZIM | Zimplats Holdings Limited | 14.31 | -4.81 | -25.16% | |
| AU:AZY | Antipa Minerals Limited | 0.49 | -0.09 | -16.10% | |
| AU:MM8 | Medallion Metals Ltd | 0.45 | 0.02 | 3.49% |
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$0.089...
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 Thomson’s indirec...
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: Nov 12, 2026