Paladin Energy Reports Promising Drilling Results at Saloon East

An update from Paladin Energy Ltd ( (AU:PDN) ) is now available.

Paladin Energy Ltd has announced positive results from its winter exploration program at the Patterson Lake South uranium project, specifically at the Saloon East area. The drilling program, which included 20 drillholes totaling 7,102.9 meters, revealed the strongest radioactivity outside of the Triple R deposit, with significant findings in all eleven drillholes at Saloon East. This suggests a substantial mineralized system, enhancing Paladin’s strategic positioning in the uranium exploration sector and potentially impacting stakeholders with promising future prospects.

The most recent analyst rating on (AU:PDN) stock is a Buy with a A$16.00 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 uranium industry, focusing on the exploration and development of high-grade uranium projects. The company is actively engaged in identifying additional uranium mineralization in the largely underexplored regions of its Patterson Lake South project in the Athabasca Basin, Saskatchewan, Canada.

YTD Price Performance: -17.46%

Average Trading Volume: 5,914,000

Technical Sentiment Signal: Sell

Current Market Cap: A$2.49B

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