![]() (NASDAQ: AMRK) was founded in 1965 and is a leading fully integrated precious metals platform that sells gold, silver, platinum, palladium, and copper bullion as well as numismatic coins. is one of the few businesses that saw a 252% increase in gross profit from 2020 to 2021 while increasing its revenue from $1.52 billion to $1.95 billion within three months. Moreover, an excellent P/E ratio of 9.70 suggests that it holds an immense possibility for profit, rendering it a worthy investment.Ī-Mark Precious Metals Inc. All in all, trading at $0.27 as of February 18, 2022, at 3:45 pm, this stock is expected to rise significantly higher in the following months. The revenue for this company increased by 30.5% (from $40.3 to $52.6 million), the operating loss decreased by 54.8% (from $3.1 to $1.4 million), and the company produced and processed 948 tons of PGM concentrate in the previous year. On January 26, 2022, it terminated its Project Framework agreement with its subsidiary, Barplats Mines (Pty) Ltd., and Advanced Beneficiation Technologies Proprietary Limited of South Africa for the recovery of PGMs. With about 50 employees across all locations, the company generated $6.49 million in sales. The exploration company owns 87.5 percent of the Crocodile River Mine and the Kennedy’s Vale project, 87 percent of the Mareesburg project, and 93.4 percent of the Spitzkop project. ![]() Eastern Platinum Limited and its subsidiaries mine, explore, and develop platinum group metal (PGM) constituting platinum, palladium, rhodium, osmium, iridium, ruthenium, and chrome resources in underground mines of South Africa. Eastern Platinum Limited (TSX:ELR)Įastern Platinum Limited, headquartered in Vancouver, Canada, was established in 1989. Here are three palladium stocks that offer the best prospects for Canadian investors interested in getting ahead of the game. 4 Canadian Palladium Stocks You Should Invest In Consequently, every industry strives to gain more of it, increasing the likelihood of long-term success of palladium stocks in the stock market. In the electronics sector, it also plays a significant role in the circuitry of telecommunication equipment and the critical components of relays. It neutralizes harmful substances into harmless gases like carbon dioxide, nitrogen, and water vapours. Approximately 85 percent of mined palladium (mainly from South Africa and Russia) ends up in catalytic converters. Scientists have coined a new term for palladium – “Metal of the future.” With all developed countries focusing on a cleaner environment and extraction of pollution-free energy from fossil fuels, palladium emerges as the true hero. Best Credit Cards in Canada Menu Toggle.
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