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Paladin Energy Ltd ( (AU:PDN) ) has issued an announcement.
Paladin Energy Ltd announced a proposed non-pro rata issue of securities under a disclosure document or product disclosure statement. This move is part of the company’s strategy to potentially raise capital, which could impact its market positioning and provide opportunities for growth and expansion within the uranium sector.
The most recent analyst rating on (AU:PDN) stock is a Hold with a A$7.60 price target. To see the full list of analyst forecasts on Paladin Energy Ltd stock, see the AU:PDN Stock Forecast page.
More about Paladin Energy Ltd
Paladin Energy Ltd operates in the energy sector, focusing on uranium production and exploration. The company is involved in the development and management of uranium mining projects, primarily targeting the nuclear energy market.
Average Trading Volume: 4,084,142
Technical Sentiment Signal: Hold
Current Market Cap: A$3.1B
Find detailed analytics on PDN stock on TipRanks’ Stock Analysis page.