NAP hits quarterly revenue record

The world’s only pure play palladium producer, North American Palladium (NAP), has reported its highest-ever quarterly revenue of C$128.3-million, thanks to a strong palladium price. Revenue jumped nearly 50% in the first quarter of 2019, when compared with the C$86.6-million revenue in the first quarter of 2018, the operator of the Lac des Iles mine, in Thunder Bay, Ontario, reported on Thursday.