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Paladin Energy Ltd ( (AU:PDN) ) has shared an update.
In its latest quarterly cash flow report, Paladin Energy Ltd reported a net cash outflow from operating activities of $17.732 million, despite receiving $25.057 million from customers. The company experienced significant cash outflows in production and staff costs, which impacted its operating cash flow. However, Paladin saw a positive net cash flow from investing activities amounting to $24.287 million, largely due to proceeds from the disposal of investments and the acquisition of Fission Uranium Corp. The company’s financing activities resulted in a net cash outflow of $6.750 million, primarily due to the repayment of borrowings.
More about Paladin Energy Ltd
Paladin Energy Ltd is a company operating in the mining sector, focusing primarily on uranium exploration and production. The company is involved in the development and operation of uranium mining projects, with a market focus on supplying uranium for energy production.
YTD Price Performance: -46.67%
Average Trading Volume: 183,710
Technical Sentiment Signal: Buy
Current Market Cap: $1.16B
See more data about PDN stock on TipRanks’ Stock Analysis page.