Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
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
Find detailed analytics on PDN stock on TipRanks’ Stock Analysis page.