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Paladin Energy Ltd ( (AU:PDN) ) has issued an update.
Paladin Energy Ltd has issued a Cleansing Prospectus to facilitate the removal of Australian trading restrictions on certain previously issued shares. This move involves offering up to 10 new shares at a price of $7.25 each, with the offer closing on September 23, 2025. The issuance aims to enhance the liquidity of its shares and potentially improve market positioning by making them more accessible to investors.
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 is a company operating in the energy sector, primarily focusing on uranium production and related services. The company is involved in the exploration, development, and sale of uranium, catering to the global energy market.
Average Trading Volume: 4,084,142
Technical Sentiment Signal: Hold
Current Market Cap: A$3.1B
See more insights into PDN stock on TipRanks’ Stock Analysis page.