North American Palladium Ltd. (TSX:PDL)(NYSE Amex:PAL) reported financial results and operational updates for the fourth quarter and year ended December 31, 2009.

The press release is quoted as saying:

Net working capital as at December 31, 2009 was $114.7 million compared to $86.1 million as at December 31, 2008. Cash and cash equivalents were $98.3 million as at December 31, 2009 and during 2009 the Company repaid its senior credit facilities and has no long term debt remaining. Revenue after pricing adjustments for the year ended December 31, 2009 was $3.8 million compared to $125.5 million in 2008. Revenue after pricing adjustments for the fourth quarter was $nil compared to $11.3 million in the fourth quarter in 2008.

Click here to access the entire press release

Click here to access North American Palladium Corporate Site

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